Which of the following is a primary benefit of a performance budget?
A) It facilitates control by establishing rigid spending mandates.
B) It encourages accomplishment of objectives by associating expenditures with outcomes.
C) It encourages planning by requiring management to anticipate every type of expenditure.
D) It provides decision-makers with detailed information.
Correct Answer:
Verified
Q1: Capital budgets focus on plans for the
Q3: State and local governments must prepare their
Q4: An appropriations budget applies to
A) The general
Q5: For which of the following funds would
Q6: Not-for-profit budgets can rely on levies in
Q7: Most budgets are prepared on a cash
Q8: Character, in relation to expenditures, represents
A) The
Q9: Periodic allocations of funds to departments or
Q10: Capital budgets concentrate on long-lived assets.
Q11: Encumbrances and expenditures both reduce total fund
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