9. Which of the following steps in the acquisition of goods and services occurs last? a. Appropriation. b. Expenditure. c. Disbursement. d. Encumbrance.

10. When supplies ordered for use in an activity accounted for in a governmental units General Fund are received at an actual price that is less than the estimated price on the purchase order, Encumbrances account is: a. Debited for the estimated price on the purchase order. b. Credited for the estimated price on the purchase order c. Debited for the actual price for the supplies received d. Credited for the actual price for the supplies received.