Understanding Budgeting Terms Quiz 4

What is the most commonly used type of budget?

• Performance Budgeting

• Line Item Budget

• Program Budgeting

• Zero-Based Budgeting

Which type of budgeting emphasizes simplicity and control of spending?

• Performance Budgeting

• Line Item Budget

• Program Budgeting

• Capital Budgeting

What is a major drawback of the Line Item Budget?

• Requires complex analysis

• Incrementalism

• Lack of control

• High conflict potential

Which type of budgeting is usually found in the private sector?

• Line Item Budget

• Performance Budgeting

• Program Budgeting

• Zero-Based Budgeting

Performance Budgeting focuses on which of the following?

• Simplicity

• Incrementalism

• Efficiency and effectiveness

• Societal outcomes

Which budgeting type is described as a bottom-up format?

• Line Item Budget

• Performance Budgeting

• Program Budgeting

• Zero-Based Budgeting

Program Budgeting began under which U.S. President's administration?

• Franklin D. Roosevelt

• John F. Kennedy

• Lyndon B. Johnson

• Richard Nixon

What is the primary focus of Program Budgeting?

• Simplicity

• Immediate output

• Societal outcomes

• Incremental increases

Which type of budgeting requires thorough explanations of fiscal policies?

• Line Item Budget

• Performance Budgeting

• Program Budgeting

• Zero-Based Budgeting

Which budgeting type appeals to part-time elected officials due to its simplicity?

• Line Item Budget

• Performance Budgeting

• Program Budgeting

• Zero-Based Budgeting