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:

National Anthem

A patriotic musical composition that is formally recognized by a country as their official national song.

Playing Sports

Engaging in physical activities governed by a set of rules or customs and often engaged in competitively.

Social-Facilitation

The tendency for people to perform differently when in the presence of others than when alone, often improving on simple or well-learned tasks.

Spectator

An observer who watches or attends an event or activity without taking part in it.