A(n) ____ defines the scope of a program and sets a maximum or ceiling on how much money can be spent on it.
A)appropriation
B)authorization
C) budget overlay
D) budget authority

Question

Quizplus · Accepted Answer

An authorization sets the scope of a program and sets a maximum amount of money that can be spent on it. An appropriation actually provides the funding for the program. A budget overlay is not a commonly used term in budgeting, and budget authority is the authority to enter into financial obligations, but does not set the scope or maximum funding for a program.

A(n) ____ Defines the Scope of a Program and Sets