Solved

A Federal Agency Prepared the Following Schedule Showing the Status

Question 71

Multiple Choice

A federal agency prepared the following schedule showing the status of federal appropriations at the end of the first quarter:
 Amount  Status $700,000 - Unapportioned authority 40,000 - Apportionments. 65,000 - Allotments. 15,000 - Obligations for undelivered orders. 120,000 - Expended appropriations $940,000 Total appropriations \begin{array}{ll}\text { Amount }&\text { Status }\\\hline\$ 700,000 & \text { - Unapportioned authority } \\40,000 & \text { - Apportionments. } \\65,000 & \text { - Allotments. } \\15,000 & \text { - Obligations for undelivered orders. } \\120,000 & \text { - Expended appropriations }\\\$940,000&\text { Total appropriations }\end{array}
What is the total amount of purchase orders placed in the first quarter of the year?


A) 65,000
B) 80,000
C) 120,000
D) 135,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents