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  3. Study Set
    Managing the Public Sector
  4. Exam
    Exam 11: Public Financial Management
  5. Question
    Distinguish Between the Following Terms: Budget Authority, Obligations, Outlay, and Cost
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Distinguish Between the Following Terms: Budget Authority, Obligations, Outlay, and Cost

Question 11

Question 11

Essay

Distinguish between the following terms: budget authority, obligations, outlay, and cost.

Correct Answer:

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Answered by ExamLex AI

Budget authority refers to the legal aut...

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