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Which transaction of a federal agency requires both budgetary and proprietary entries?

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Which transaction of a federal agency requires both budgetary and proprietary entries?

Which transaction of a federal agency requires both budgetary and proprietary entries?
A.Receipt of budgetary authority from the Congress, i.e., receipt of appropriation.
B.Consumption of materials and supplies.
C.Depreciation of capital assets.
D.Signing a contract to buy services.

Textbook

Governmental and Nonprofit Accounting

Governmental and Nonprofit Accounting

Edition: 11^th

Authors: Freeman, Shoulders, McSwain, Scott

Read 73 times

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