Author Question: When a federal agency receives supplies that have been ordered previously, what kind of entry (or ... (Read 64 times)

nummyann

  • Hero Member
  • *****
  • Posts: 576
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.



jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library