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The Budget Cycle

Question 6

Multiple Choice

The budget cycle:


A) Consists of sequential steps which are repeated every year at about the same time in a well-operated unit of government.
B) Means that appropriators promise to fund agency programs, but often prefer to delay actually doing so when the time comes to make a decision.
C) is the common term used to refer to the budget-cutting power of the Director of Finance.
D) Usually follows the 10% incremental rule.

Correct Answer:

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