Explain the meaning of the following terms in federal accounting: a. Apportionment b. Allotment c. Obligation d.
Question:
a. Apportionment
b. Allotment
c. Obligation
d. Commitment
e. Expended Appropriations
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a Apportionment x the amount of appropriation or other obligational authority released to the agency ...View the full answer
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Related Book For 
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
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