Which of the following steps in the federal government's budgetary authority process is most similar to the recording of encumbrances by state and local governments?

Question

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Congress passes an appropriation which is a spending bill that is signed by the president. The Department of Treasury then issues a warrant verifying the appropriation and establishment of a line of credit for the agency that will be disbursing the funds.

Which of the Following Steps in the Federal Government's Budgetary