An agency has single-year, multi-year and no-year appropriations. On October 15, 2014, the agency tried to create several transactions. Is the agency authorized (allowed legally) for the following? Why or why not? Please list YES or NO for each of the following item, and then list your reasons. (e..g, Question 7, Yes, this is allowable because XYZ...)
For a no-year appropriation, could the agency start a new obligation starting on October 24, 2014? The obligation would be for goods/services that would be a use listed in the appropriation, and would not be above the amount remaining on the appropriation.