Deck 17: The Budgetary Process

Question 1

Fiscal discipline only applies to maintaining short-term control of the totals in the budget.

Answer 1

False
Fiscal discipline applies to both long-term and short-term control of the totals.

Question 2

When does the budgetary cycle conclude?

A)It concludes when the Finance Minister presents the budget in the House of Commons.
B)It concludes when the House Standing Committee on Finance presents the budget.
C)It concludes when the Privy Council Office releases the budget consultation process.
D)It ends when the Cabinet reviews the budget strategy.

Answer 2

A

Question 3

Which of the following is best described as a style of budgeting that emphasizes the object of the expenditure rather than the purpose of the expenditure?

A)line-item budgeting
B)performance budgeting
C)program budgeting
D)incremental budgeting

Answer 3

A

Question 4

What usually takes place in the summer months of the Expenditure Management System's cyclical process?

A)The cabinet examines the budgetary strategy and final decisions are made based on the contents of the budget.
B)Committees meet to consider plans and priorities that are used to shape the allocation of revenues in the forthcoming budget.
C)The minister of finance releases the consultation papers and begins meeting with parliamentary committees, provinces, and various other groups.
D)The Department of Finance meets with other departments to bring together the planning done in the first stage in order to come up with proposals that can be employed in the forthcoming public consultation process.

Question 5

What is the date range for the fiscal year for both federal and provincial governments?

A)September 1 to September 1
B)January 1 to December 31
C)April 1 to March 31
D)April 1 to December 31

Question 6

What type of budgeting involves "shift points"?

A)incremental budgeting
B)performance budgeting
C)program budgeting
D)line-item budgeting

Question 7

Which of the following makes up the bulk of governmental expenditures?

A)operating expenses
B)transfer payments
C)capital amortization
D)gas tax fund

Question 8

Who has the task or role of the "Priority Setter" in the budgeting game?

A)The Prime Minister's Office and the Privy Council Office
B)The Prime Minister's Office only
C)The Privy Council's Office only
D)The Treasury Board Secretariat

Question 9

Which of the following is an example of major transfers to persons?

A)Canada Health Transfer
B)Canada Social Transfer
C)Employment Insurance Benefits
D)Equalization Payments

Question 10

Omnibus bills covering the budget are lengthier than normal budget bills.

Question 11

The omnibus type of bills were quite prevalent under Stephen Harper's government.

Question 12

The "totals" in the budget only includes revenues and expenditures.

Question 13

In 2006, the government of Prime Minister Harper reduced the Goods and Services Tax, which was at 7%.What level did they ultimately reduce the taxes to?

A)3%!
B)4%!
C)5%!
D)6%!

Question 14

Who tables the Estimates?

A)Department of Finance
B)Privy Council Office
C)Prime Minister's Office
D)Treasury Board Secretariat

Question 15

Which of the following includes a management improvement focus that also provides decision makers with cost-minimization techniques?

A)line-item budgeting
B)performance budgeting
C)program budgeting
D)incremental budgeting

Question 16

Which of the following was the first style of budgeting employed in modern public administration and was used in Canada right up to the 1960s?

A)incremental budgeting
B)performance budgeting
C)program budgeting
D)line-item budgeting

Question 17

The federal and provincial finance ministers prepare their revenue budgets at least once a year.

Question 18

Who makes the final decisions on the contents of the budget?

A)Minister of Finance
B)Treasury Board Secretariat
C)Cabinet Committees
D)Prime Minister and Minister of Finance

Question 19

Which of the following best describes performance budgeting?

A)It only measures the inputs used.
B)It only measures the outputs attained.
C)It establishes a relationship between inputs employed and outputs attained.
D)It is characterized by small annual adjustments in spending, accompanied by occasional large increases or decreases in expenditure.

Question 20

Whose budget speech includes the revenue budget?

A)prime minister
B)finance minister
C)auditor-general
D)governor-general

Question 21

Line-item budgeting only measures inputs used.

Question 22

The Treasury Board releases the budget consultation papers.

Question 23

Line-item budget is a type of expenditure budget.

Question 24

Territorial Formula Financing is a form of major transfer from federal to provincial and territorial governments.

Question 25

Performance budgeting focuses on the output orientation.