This is an authorization issued by the DBM to NGAs to incur obligations for specified amounts contained in a legislative appropriation. What is this called?

GovAcc

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Medium
Earianne Cadapan
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allotment
Appropriation
Obligation
Budget Information
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This refers to the authorization made by a legislative body to allocate funds for specific purposes. What is this called?
Appropriation
Final Budget
Supplemental Appropriation
Continuing Appropriation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This term refers to the expenditure authority derived from appropriation laws, government ordinances, and other decisions. It consists of various categories such as New General Appropriations and Continuing Appropriations. What is it called?
Approved Budget
Automatic Appropriations
Obligation
Disbursements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are authorizations programmed annually by law that do not require periodic action by Congress. What are they called?
Supplemental Appropriations
Automatic Appropriations
Continuing Appropriations
Revenues
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This includes data on appropriations, allotments, obligations, revenues, and disbursements. What is this called?
Budget Information
Final Budget
Original Budget
New General Appropriations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are authorizations to support obligations for specific purposes or projects, such as multi-year construction projects, which require incurring obligations even beyond the budget year. What are they called?
Continuing Appropriations
Obligations
New General Appropriations
Disbursements
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are the actual amounts spent or paid out of the budgeted amounts. What are they called?
Revenues
Disbursements
Obligations
Allotments
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