Encumbrance is a unique element of government accounting that is used, When goods or services received . When goods or services received When purchase order or contract is made When payment is made When authorization to make an order is approved 13. Identify the true statements from the following: Business unit budgets are shared with external parties as they are important plans and help in decision making for stakeholde Performance of the government unit is measured by the profitability of the unit Government budgets are shared with external parties as they are the key fiscal document Government unit budgets are internal documents and are not usually shared with external parties Bidbid government school acquires inventory monthly from vendors after authorization from the ministry of education Stores manager of a government school recognizes its inventory like stationery and other supplies for school staff based on monthly usage in the school. This method of recognizing inventory is an example of