Allotments are best defined as a. legislative appropriations subdivided into more detailed expenditure categories by the executive

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Allotments are best defined as 

a. legislative appropriations subdivided into more detailed expenditure categories by the executive branch.

b. legislative appropriations subdivided by time periods.

c. operating grants that must be used for a specific purpose.

d. a budgeting tool that must be used in conjunction with the purchases method of inventory accounting.

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Governmental And Nonprofit Accounting Theory And Practice

ISBN: 9780132552721

9th Edition

Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,

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