During Which Step of the Budgetary Cycle Is Power Given

question 3

Multiple Choice

During which step of the budgetary cycle is power given to incur financial obligations?

• A)Appropriations
• B)Audit
• C)Authorization
• D)Execution
• E)Preparation

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Definitions:

Design Aspect

Pertains to the elements or characteristics that determine the appearance, function, or success of an object, system, or concept.

Project

A planned set of interrelated tasks to be executed over a fixed period and within certain cost and other limitations.

Project Manager

A professional responsible for planning, executing, and closing projects, overseeing the project team to achieve specific goals.

Project Goals

The specific objectives set for a project, outlining what it aims to achieve upon completion.