When a federal agency receives supplies that have been ordered previously, what kind of entry (or entries) is (or are) required?
a. both a budgetary and a proprietary entry
b. only a proprietary entry
c. only a budgetary entry
d. neither a budgetary nor a proprietary entry
Question 2
At what point in the budgetary cycle does an agency record a decrease (a debit) to the account Allotments realized resources?
a. When the Office of Management and Budget makes an apportionment.
b. When the Department makes a quarterly allotment to the agency.
c. When the agency uses commitment accounting and makes a commitment for supplies.
d. When the agency uses supplies from its inventory.
Eqiupment and supplies for physical assessment
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