Author Question: Assignment of budgeted expenditure authority to differing time periods within a year--such as months ... (Read 55 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?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library