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Author Question: Assignment of budgeted expenditure authority to differing time periods within a year--such as months ... (Read 13 times)

ericka1

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on: Jul 6, 2018
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

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Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

True


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