An appropriation was made for a federal agency in the amount of ...

[jace]

An appropriation was made for a federal agency in the amount of 1,000,000 . The agency's unexpended appropriations component of net position
 
  a. does not change.
  b. increases by 1,000,000
  c. decreases by 1,000,000
  d. will either increase or decrease, depending on the nature of the appropriation.

Question 2

The chart of accounts, the journal, and the ledger are essential parts of the accounting system.
 a. True
  b. False
 
   Indicate whether the statement is true or false

[yotaSR5]

Answer to Question 1

B

Answer to Question 2

True

[jace]

Thank you

[yotaSR5]

No problemo