Assuming that an agency’s unused appropriations expire at year-end but appropriations continue in...

Question

Assuming that an agency’s unused appropriations expire at year-end but appropriations continue in effect for obligated amounts (purchase orders, etc.), which of the following budgetary accounts would likely be found in the agency’s post-closing trial balance at year-end?
a. Commitments and Other Appropriations Realized.
b. Undelivered Orders and Other Appropriations Realized.
c. Expended Authority and Undelivered Orders.
d. Commitments and Undelivered Orders.

David · Accepted Answer

Assuming that an agency’s unused appropriations expire at year-end but appropriations 
continue in effect for obligated amounts (purchase orders, etc.), which of the following 
budgetary accounts would likely be found in the agency’s post-closing trial balance at year-end? 
 
a.

Assuming that an agency’s unused appropriations expire at year-end but appropriations continue in effect for obligated amounts (purchase orders, etc.), which of the following budgetary accounts would...

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