Some Funds Can Be Spent Without an Appropriation

question 131

True/False

Some funds can be spent without an appropriation.

---

Definitions:

Financial Projection

An estimate of future financial outcomes for a business or project, often including income, expenses, and cash flow forecasts.

Legal Form

The type of legal structure chosen for a business, affecting liability, taxes, and regulations.

Ownership

The state or fact of possessing something, which can include tangible items like property or intangible assets like stocks and intellectual property.

Corporation

A legal entity that exists separately from its owners.