Allotments are best defined as a. legislative appropriations subdivided into more detailed expenditure categories by the executive
Question:
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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Related Book For
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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