I'm trying to understand the distinction between NCA and Saro. Could someone please explain the main differences between these two terms or concepts?
5 answers
Alessandra
Wed Nov 20 2024
This authorization is a prerequisite for agencies to proceed with their financial transactions.
Isabella
Wed Nov 20 2024
The SARO serves as the initial authorization for agencies to incur obligations or enter into commitments.
DigitalCoinDreamer
Tue Nov 19 2024
On the other hand, the NCA plays a crucial role in the payment or liquidation process.
Thunderbolt
Tue Nov 19 2024
It is the NCA that gives the treasury the green light to disburse funds or settle obligations incurred under the SARO.
ShintoMystical
Tue Nov 19 2024
Essentially, the SARO comes before the NCA in the sequence of financial transactions.