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Obligations- U.S. Government (view source)
Revision as of 21:08, July 15, 2007
, 21:08, July 15, 2007New page: Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. Unliquidated obligations sho...
Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. Unliquidated obligations should be reviewed regularly and those not likely to require payment should be deobligated.