The legal authorization for the administrators of the governmental unit to incur liabilities during the budget period for purposes specified in the appropriations statute or ordinance and not to exceed the amount specified for each purpose is an:
A. Appropriation.
B. Other financing source/use.
C. Encumbrance.
D. Expenditure.
Answer: A
You might also like to view...
Britta is trying to measure her salon's productivity during the first quarter. For this period, she should divide _______ by the costs of her staff, loans, materials, and utility bills.
A. the number of clients B. the average daily receipts C. her budgeted costs D. the total salon services and products sold E. her projected revenue
Since the mode is the most frequently occurring data value, it
A. can never be larger than the mean. B. is always larger than the median. C. is always larger than the mean. D. none of these alternatives is correct.
In applying the first-in, first-out method of costing inventories, if 8,000 units which are 30% completed are in process at June 1, 28,000 units are completed during June, and 4,000 units were 75% completed at June 30, the number of equivalent units of production for June was 33,400
Indicate whether the statement is true or false
Common law refers to A)law that is the same or similar in all the states
B)law made when judges decide cases and then follow those decisions in later cases. C)law made by legislatures in the form of statutes. D)the legal systems of France, Germany, and Italy.