Formal notification that Congress has enacted an appropriation for an agency requires recognition by the agency in

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a. budgetary accounts only.

b. proprietary accounts only.

c. both budgetary and proprietary accounts.

d. neither budgetary nor proprietary accounts. (No entry is required until apportionments are made.)

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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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Question Posted: Feb 24, 2024 05:01 AM

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Formal notification that Congress has enacted an appropriation for an agency requires recognition by the agency in

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The correct answer is c both budgetary and proprietary accounts Explanation ...View the full answer

Governmental And Nonprofit Accounting Theory And Practice

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