The maximum allowable expenditure is the
A)appropriation.
B)allowance.
C)allocation.
D)committed fixed cost.

Name: The maximum allowable expenditure is the A)appropriation. B)allowance. C)allocation. D)committed fixed cost.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

The maximum allowable expenditure is referred to as the appropriation, which is a legal budget authorization by a government or organization to incur obligations and to make expenditures for specific purposes.

The Maximum Allowable Expenditure Is the