Difference between revisions of "Obligations- U.S. Government"
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(New 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...) |
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| − | Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. | + | Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. Un-liquidated obligations should be reviewed regularly and those not likely to require payment should be de-obligated. |
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Revision as of 04:45, July 24, 2007
Binding agreements that will result in outlays, immediately or in the future. Budgetary resources must be available before obligations can be incurred legally. Un-liquidated obligations should be reviewed regularly and those not likely to require payment should be de-obligated.