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    Essentials of Accounting Study Set 3
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    Exam 14: Financial Reporting by the Federal Government
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    At What Point in the Budgetary Authority Process May a Federal
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At What Point in the Budgetary Authority Process May a Federal

Question 29

Question 29

Multiple Choice

At what point in the budgetary authority process may a federal agency or its subunits begin to place orders for goods and services?


A) Obligation
B) Apportionment
C) Appropriation
D) Allotment

Correct Answer:

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