The purpose of an encumbrance is to:
A) amend the budgeted appropriations.
B) assist the administration to avoid overspending and plan for payment of expected liabilities.
C) record liabilities that will be paid beyond the period where funds are currently available.
D) None of the above
Correct Answer:
Verified
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A)approved financing use.
B)appropriation.
C)encumbrance.
D)expense.
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