For a single year appropriation for 2021 (Beginning Budget Fiscal Year 2021), could the agency enter into a new obligation starting on October 20, 2021? Why, or why not. Note that the appropriation has sufficient funding to pay for the obligation, and the expense is for a category listed in the appropriation.

Question 1 options:

1. Yes, allowable

2. No, Not allowable due to time restrictions

3. No, not allowable due to purpose