A primary characteristic that distinguishes governments from businesses is
A) The need to generate revenues equal to or more than expenditures/expenses.
B) The importance of the budget in the governing process.
C) The need to provide goods or services.
D) The correlation between revenues generated and demand for goods or services.

Question

A primary characteristic that distinguishes governments from businesses is 
A) The need to generate revenues equal to or more than expenditures/expenses.
B) The importance of the budget in the governing process.
C) The need to provide goods or services.
D) The correlation between revenues generated and demand for goods or services.

Quizplus · Accepted Answer

Governments are unique in that the budget plays a central role in the governing process, dictating priorities and allocations, unlike businesses where budgets are important but serve different strategic purposes.

A Primary Characteristic That Distinguishes Governments from Businesses Is