Author Question: Assignment of budgeted expenditure authority to differing time periods within a year--such as months ... (Read 65 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
Assignment of budgeted expenditure authority to differing time periods within a year--such as months or quarters--is a budgetary control mechanism referred to as
 
  a. allocations.
  b. allotments.
  c. appropriations.
  d. apportionments.

Question 2

Freight charges on store equipment purchased FOB shipping point should be debited to Store Equipment.
 a. True
   b. False
   Indicate whether the statement is true or false



trog

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library