Periodic allocations of funds to departments or agencies are generally called i. Appropriations.
ii. Allotments.
iii. Apportionments.
A) III only
B) I and II
C) II and III
D) I, II and III

Question

Quizplus · Accepted Answer

Appropriations refer to the legislative grants of money to finance government programs or agencies. Allotments are subdivisions of appropriations that specify how much money can be spent for particular purposes within a given time frame. Apportionments are distributions or allocations of funds by the government to its various departments or agencies. Thus, all three terms relate to periodic allocations of funds.

Periodic Allocations of Funds to Departments or Agencies Are Generally