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AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) GAFRB Question # 4 Topic 1 Discussion

AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) GAFRB Question # 4 Topic 1 Discussion

GAFRB Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

What must a federal agency receive from the U.S. Department of the Treasury before it can begin spending an appropriation?


A.

an apportionment


B.

an allotment


C.

a warrant


D.

an encumbrance


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