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The following primary reasons highlight the differences and complexity of the federal budget process than of SLG:-Agency authority to incur obligations for future disbursement is usually not directly based on estimates of revenues, either at the agency or overall federal level.-Budget authority to incur obligations is granted by Congress under three types: __________, __________, and __________. Also, appropriations can be one-year, multiyear, no-year, or permanent authorizations. Contract and borrowing authority can also contain various year limitations. Additional authority may be derived from collections from performing services to other agencies and the public.-The process of spending budget authority is divided into (5) steps: (AACOE)
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