What are unalloted apportionments?

Prepare for the Certified Defense Financial Manager Exam. Study with our dynamic quiz featuring multiple choice questions, detailed explanations, and study tips. Ace your exam with confidence!

Multiple Choice

What are unalloted apportionments?

Explanation:
Unalloted apportionments are the portion of budget authority that has not yet been allocated to agency accounts. In budgeting terms, apportionment distributes budget authority to agencies for the period, while an allotment is the portion of that apportionment the agency can obligate against in its accounts. So unalloted apportionments equal the total apportionment minus the allotments that have been approved. For example, if the agency receives 100 in apportionment and 60 is allotted, 40 remain unallotted. The other options describe different concepts: budget authority left refers to unused authority, and outlays remaining refers to spending not yet disbursed.

Unalloted apportionments are the portion of budget authority that has not yet been allocated to agency accounts. In budgeting terms, apportionment distributes budget authority to agencies for the period, while an allotment is the portion of that apportionment the agency can obligate against in its accounts. So unalloted apportionments equal the total apportionment minus the allotments that have been approved. For example, if the agency receives 100 in apportionment and 60 is allotted, 40 remain unallotted. The other options describe different concepts: budget authority left refers to unused authority, and outlays remaining refers to spending not yet disbursed.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy