You want to reserve budget funds for planned expenditures. The funds have been requested but not yet approved from a purchase order. You need to set up a budget code for these types of scenarios…

The correct answer is D. pre-encumbrance. https://technet.microsoft.com/en-us/library/hh209638.aspx

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Question

You want to reserve budget funds for planned expenditures. The funds have been requested but not yet approved from a purchase order. You need to set up a budget code for these types of scenarios. Which budget type should you assign to the budget code to accomplish this goal?

Options

Atransfer
Bencumbrance
Coriginal budget
Dpre-encumbrance

How the community answered

(35 responses)

A
6% (2)
B
14% (5)
C
3% (1)
D
77% (27)

Explanation

https://technet.microsoft.com/en-us/library/hh209638.aspx

Topics

#pre-encumbrance#budget code#budget type#purchase requisition funds

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