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Which of the following statements best describes an appropriation? a. An appropriation is an expenditure of funds for a specific use. b. An appropriation is

Which of the following statements best describes an appropriation?

a. An appropriation is an expenditure of funds for a specific use.

b. An appropriation is a sum of money that has been set aside for a specific use.

c. An appropriation is an accrual of an expected expense for a specific use.

d. None of the above.

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