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In Fiscal Year 2017 the "Expenditures-2016" Account Represents

Question 54

Multiple Choice

In fiscal year 2017 the "Expenditures-2016" account represents


A) Excess expenditures in 2016 that will be offset against appropriations for 2017.
B) Goods or services received in 2016 which the government has no record of ordering.
C) Amount of expenditures for goods ordered in 2016 that were received in 2017 and chargeable to appropriations of 2016.
D) The amounts of purchase orders issued in 2016 that were intended to be paid in full from appropriations for 2017.

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