Under Federal Government Accounting, Recording the Estimated Amount of Equipment

question 49

Multiple Choice

Under federal government accounting, recording the estimated amount of equipment prior to actually placing an order or entering into a contract is called a(an) :

• A) Obligation.
• B) Apportionment.
• C) Commitment.
• D) Allotment.

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Definitions:

Atmospheric Nitrogen

A component of the Earth's atmosphere, making up about 78% by volume, primarily in the form of nitrogen gas (N2).

Organic Nitrogen Compounds

Chemical compounds that contain carbon and nitrogen, playing various roles in the metabolism of living organisms.

Rain Shadow

An area that has very little precipitation, found on the downwind side of a mountain range. Deserts often occur in rain shadows.

Windward Side

The side of a mountain or island that faces the direction from which the wind is coming, often receiving more rainfall.