The correct sequence of subprocesses for the batch processing of accounting data is
a. business event occurs, update master data, record business event data, generate outputs
b. business event occurs, generate outputs, update master data, record business event data
c. business event occurs, record business event data, update master data, generate outputs
d. none of the above
Question 2
What is the primary financing source reported by must federal agencies?
A. Sales revenues.
B. Appropriations used.
C. Appropriations received from Congress.
D. Apportionments.