Which of the following steps in the budgetary authority process occurs when a federal agency issues a purchase order?

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Obligation is the step in the budgetary authority process when a federal agency issues a purchase order. It signifies a commitment to spend funds for a specific purpose. Apportionment is the process of dividing and allocating budgeted amounts to different time periods or accounts. Allotment is the process of setting aside budget authority for specific purposes or time periods. Appropriation is the process of providing budget authority to federal agencies to carry out their programs and activities.

Which of the Following Steps in the Budgetary Authority Process