At Any Point in Time,a Government Will Be Able to Spend

question 18

Multiple Choice

At any point in time,a government will be able to spend an amount equal to

• A)appropriations minus expenditures.
• B)appropriations minus expenditures minus encumbrances.
• C)appropriations minus encumbrances.
• D)expenditures minus encumbrances.

---

Definitions:

Conj

A conjunction or connecting term that combines sentences or terms in logic or grammar.

Conj

Short for conjunction, a word used to connect clauses or sentences or to coordinate words in the same clause.

MP

A shorthand for Modus Ponens, a logical argument form where if a implies b, and a is true, then b must also be true.

Add

The mathematical operation of combining two or more quantities to get a sum.