Which type of appropriation is no longer available for any purpose?

Study for the CFI 100 Certifying Officer Test with flashcards and multiple choice questions. Each question features hints and explanations to get you exam-ready!

Multiple Choice

Which type of appropriation is no longer available for any purpose?

Explanation:
Funds go through a lifecycle that determines whether they can be obligated or expended. When an appropriation is closed, its period of availability ends and the funds are permanently unavailable for any new obligation or expenditure. In other words, once closed, there’s no future use for that money within that appropriation. Open or active appropriations are still usable for their authorized purposes, and deferred appropriations are held back temporarily but can become available again later. Those statuses mean some level of access remains, unlike a closed appropriation, which is no longer usable for any purpose.

Funds go through a lifecycle that determines whether they can be obligated or expended. When an appropriation is closed, its period of availability ends and the funds are permanently unavailable for any new obligation or expenditure. In other words, once closed, there’s no future use for that money within that appropriation.

Open or active appropriations are still usable for their authorized purposes, and deferred appropriations are held back temporarily but can become available again later. Those statuses mean some level of access remains, unlike a closed appropriation, which is no longer usable for any purpose.

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