Final answer:
The net position of a federal agency includes Unexpended appropriations, Cumulative results of operations, and Appropriations represented by undelivered orders and unobligated balances but does not include Fund balances with the U.S. Treasury.
Step-by-step explanation:
The net position of a federal agency may include various components that reflect its financial health and appropriations. These components typically include Unexpended appropriations, which are amounts authorized by law that have not yet been expended; Cumulative results of operations, which represent the net difference over time between the agency's expenses and revenues; Appropriations represented by undelivered orders and unobligated balances, which indicate the amount of funds that have been allocated for orders not yet delivered or obligations that have not yet been made. However, Fund balances with the U.S. Treasury are not considered a part of an agency's net position but rather represent the funds that the agency has in the U.S. Treasury.
The financial activities of federal agencies are primarily funded by different sources, including taxes collected by the federal government and approved spending by the government for various services and programs such as Social Security, unemployment benefits, and discretionary spending on annual services decided by Congress.