Compare the budget controls of appointment, allotment, and administrative reservations with accounting concepts.
A) Appointment, allotment, and administrative reservations in budget controls are analogous to revenue recognition, accrual accounting, and depreciation in accounting concepts, respectively.
B) Appointment, allotment, and administrative reservations in budget controls are similar to accounts receivable, accounts payable, and depreciation in accounting concepts, respectively.
C) Appointment, allotment, and administrative reservations in budget controls resemble cost allocation, revenue recognition, and financial reporting in accounting concepts, respectively.
D) Appointment, allotment, and administrative reservations in budget controls are comparable to budgeting, expense tracking, and financial auditing in accounting concepts, respectively.