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In budgetary accounting, what are the two methods that can be used to record expenditures?

Expenditures are considered to be a governmental funds allocation of its funding dollars on expenses. The expenditure will be recorded when the voucher payable is recorded (full accrual). The modified accrual basis of accounting will not delay the expenditures until the cash payment is made.

The two allowable methods are the purchase method and consumption method:

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