A Purchase of 2,500 Feet of Number 14 Double-Braided, Rubber-Covered

question 31

Short Answer

A purchase of 2,500 feet of number 14 double-braided, rubber-covered wire is made for a job. On November 1, 978 feet of this wire are used, and on November 3, 1,023 feet are used. How many feet of wire are left?

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Definitions:

Nonspendable

Funds not available for spending because they are legally or contractually required to remain intact.

Committed

In finance, "committed" refers to a pledge or firm agreement to execute a financial transaction or investment.

Assigned

Allocated or designated to a particular task, position, or purpose.

Unassigned

Refers to funds, resources, or tasks not specifically allocated or designated for a particular purpose or to a particular entity.