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What is the difference between liability and obligation?
Liability - is something covered by law. Obligation - is something you're 'expected' to do.
Budget and impoundment act of 1974?
The Congressional Budget and Impoundment Control Act is a U.S. federal law passed by the United States Congress specifying that the President may propose to Congress that funds be rescinded. If both the Senate and the House of Representatives have not approved a proposal within 45 days of session, any funds being withheld must be made available for obligation. It also reformed the U.S. budget process to create a unified process that joined the various congressional committees that were responsible for some aspect of the budget before. It has been amended many times, but the original Act that was made in 1974 remains the basis of today's procedures.
What was the Production Budget for The Core?
The Production Budget for The Core was $85,000,000.
What was the Production Budget for The Hangover?
The Production Budget for Tropic Thunder was $90,000,000.
What was the Production Budget for Gnomeo and Juliet?
The Production Budget for Beowulf was $150,000,000.
What is another name for Budget items mandated by law or by a previous obligation?
expenditures
How is the Capital budget primarily funded?
The Capital budget is primarily funded through the claiming of general obligation bonds. The most common of these is taxes, which are paid by the citizens.
What can be used for predicting program obligation performance and funding requirements and identifying potential budget execution problems.?
Spending Plan
When government takes in 100 million in taxes but has an obligation of 120 million in government services to provide is an example of?
Budget deficit
A(n) can be used for predicting program obligation performance and funding requirements and identifying potential budget execution problems?
Spending Plan
What is traditional budget?
Traditional budgeting is the amount of money that you allot for a period of time that is for a specific financial obligation. These would be for insurance, rent or entertainment.
What are the kinds of obligation?
1.PuRe oBliGAtIon 2.cOnDItIonAl oBligAtiOn 3.oBliGatIon wItH a pErIod4.aLtErnAtiVe obLIgAtiOn 5.facultatIve oBliGatIon 6.jOiNt oBliGatIon7.sOlIdAry oBliGAtiOn 8.dIvIsiBle obLigAtion 9.inDiViSiBle oBLigAtion10.oBlIGatIOn wIth a pEnaL cODe
How is obligation extinguished?
Obligation is extinguished by fulfilling the obligation as promised or as required.
What is the example of conditional obligation?
A conditional obligation is obligation with a condition. ex... I will support your studies in college if Mr. A dies.
A word for something owned to another?
debt, obligation, duty, responsibilitydebt, obligation, duty, responsibilitydebt, obligation, duty, responsibilitydebt, obligation, duty, responsibility
What is a conditional obligation?
A conditional obligation is an obligation that is only triggered if a certain condition or event occurs. This means that the obligation to perform or fulfill the duty is dependent on the specified condition being met. If the condition is not satisfied, the obligation may not need to be fulfilled.
Use obligation in a sentene?
I have an obligation to attend the meeting tomorrow.
