The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations. released...
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The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations. released the following for Agency X on January 2, 2020: General Appropriations: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total Allotments: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 15, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 30, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,300,000 2,500,000 700,000 500,000 1,000,000 2,200,000 250,000 200,000 500,000 950,000 350,000 250,000 400,000 1,000,000 On January 16, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 31, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 240,000 200,000 500,000 940,000 350,000 180,000 350,000 880,000 Requirements: What is the TOTAL amount of unfunded allotments to be reported in the Registry of Allotments and NCA? How much is the TOTAL unreleased appropriations per Registry of Appropriations and Allotments? How much is the TOTAL unobligated allotments for all RAODS How much is the TOTAL unpaid obligations? The Department of Budget and Management (DBM), upon approval and issuance of the General Appropriations. released the following for Agency X on January 2, 2020: General Appropriations: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total Allotments: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 15, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 30, 2020, Agency X incurred the following: Obligations incurred: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 700,000 500,000 1,300,000 2,500,000 700,000 500,000 1,000,000 2,200,000 250,000 200,000 500,000 950,000 350,000 250,000 400,000 1,000,000 On January 16, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total On January 31, 2020, Agency X paid the following: Personnel Services (PS) Maintenance and Other Operating Expenses (MOOE) Capital Outlay (CO) Total 240,000 200,000 500,000 940,000 350,000 180,000 350,000 880,000 Requirements: What is the TOTAL amount of unfunded allotments to be reported in the Registry of Allotments and NCA? How much is the TOTAL unreleased appropriations per Registry of Appropriations and Allotments? How much is the TOTAL unobligated allotments for all RAODS How much is the TOTAL unpaid obligations?
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To answer these questions well need to analyze the data provided about Agency Xs budget appropriations allotments obligations and actual payments Lets ... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Posted Date:
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