Question: Multiple Choice Question A government has outstanding purchase orders at the end of the year that will be honored at the beginning of the following

Multiple Choice Question A government has outstanding purchase orders at the end of the year that will be honored at the beginning of the following year. As such, the encumbrances for those purchase orders Blank______ Multiple choice question. will not be closed out at the end of the old year must be re-established at the beginning of the new year may be ignored in the new year

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