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Author Question: The legal level of budgetary control is best described as a. the maximum amount that can be spent ... (Read 28 times)

vicky

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on: Jul 5, 2018
The legal level of budgetary control is best described as
 
  a. the maximum amount that can be spent without incurring an unfavorable variance
  b. the classification or subclassification at which expenditures cannot exceed appropriations
  c. the status of the budget officer within the hierarchy of top government officials
  d. the sum of favorable budget variances minus the sum of unfavorable budget variances

Question 2

Systems that gather business event data at the time of occurrence, update the master data essentially instantaneously, and provide the results arising from the business event within a very short amount of time are referred to as:
 a. online transaction entry (OLTE)
  b. online real-time (OLRT)
  c. online transaction data (OLTD)
  d. electronic document management (EDM)


SomethingSomething

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

B


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