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    Accounting for Governmental
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    Exam 11: Auditing of Governmental and Not-For-Profit Organizations
  5. Question
    The Federal Budgetary Term "Commitment" Is Synonymous with "Encumbrance" as Used
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The Federal Budgetary Term "Commitment" Is Synonymous with "Encumbrance" as Used

Question 19

Question 19

True/False

The federal budgetary term "commitment" is synonymous with "encumbrance" as used in state and local government terminology.

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