Economists in 1961 that said that the budget was the master plan of the government that brings together estimates of anticipated revenues and proposed expenditures, implying the schedule of activities to be undertaken and the means of financing those activities
PF-M3-CH8-GOVERNMENT BUDGETING-QUIZ

Quiz
•
Business
•
University
•
Easy
Kurtney Zamora
Used 1+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Professor Philip E. Taylor
Eric Kohler
Allan Schick
Aaron Wildavsky
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The objective of budget according to him is the modification of resource allocation for economic expansion; distribution of wealth and income in the country being adjusted; and preservation of financial stability.
Prem Chand
Richard Goode
Musgrave
Eric Kohler
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of implementing restrictions and conditions set forth in the budget and in appropriations, as well as securing compliance with spending constraints imposed by central authorities, is known as _____?
Control Area
Control Orientation
Control Process
Control System
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He pointed out that when "economies of abundance"—the prevalent budget theories used in emerging nations—are applied to "economies of poverty," things spiral out of control.
Verne Lewis
Philip Taylor
V.O Key
Dr. Jose Soberano
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This system focused on listing specific items for expenditures, such as supplies, personnel, and equipment, without considering the purpose of the programs for which the items were intended
Line-Item Budgeting
Performance Budgeting
Planning, Programming and Budgeting System
Zero-Based Budgeting
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is in essence a work-plan of the government which specifies the concrete proposals to be accomplished during the financial year. It is formulated on the basis of work to be done or services to be provided by the government and presents these together with their costs
Line-Item Budgeting
Performance Budgeting
Planning, Programming and Budgeting System
Zero-Based Budgeting
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He suggests that line-item budgeting has a "percolate-up" feature, whereby the chief executive requests estimates generated from lower levels of the organization.
Professor Philip E. Taylor
Eric Kohler
Allan Schick
Robert Golembiewski
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