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The legal authorization for the administrators of the governmental unit to incur liabilities during the budget period for purposes specified in the appropriations statute or

The legal authorization for the administrators of the governmental unit to incur liabilities during the budget period for purposes specified in the appropriations statute or ordinance and not to exceed the amount specified for each purpose is a(an):

Multiple Choice

  • Other financing source/use.

  • Appropriation.

  • Expenditure.

  • Encumbrance.

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