Question: What is the correct sequence in the expenditure process in governmental accounting? A) Expenditure, Encumbrance, Disbursement, and Appropriation. B) Appropriation, Expenditure, Encumbrance, and Disbursement. C)

What is the correct sequence in the expenditure process in governmental accounting? A) Expenditure, Encumbrance, Disbursement, and Appropriation. B) Appropriation, Expenditure, Encumbrance, and Disbursement. C) Appropriation, Encumbrance, Expenditure, and Disbursement. D) Encumbrance, Expenditure, Disbursement, and Appropriation
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