PF-M3-CH8-GOVERNMENT BUDGETING-QUIZ

PF-M3-CH8-GOVERNMENT BUDGETING-QUIZ

University

30 Qs

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PF-M3-CH8-GOVERNMENT BUDGETING-QUIZ

PF-M3-CH8-GOVERNMENT BUDGETING-QUIZ

Assessment

Quiz

Business

University

Practice Problem

Easy

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Kurtney Zamora

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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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