During 2010-2011, private employment increased in 48 of 50 states while local government employment fell in 41 of the 50 states with education being the most targeted area for budget cuts.
Indicate whether the statement is true or false.
[Ques. 2] Performance-based budgeting is also known as results-based budgeting
Indicate whether the statement is true or false.
[Ques. 3] Site-based budgeting decentralizes the budgeting process from the central office and places a larger share of financial discretion at the building level
Indicate whether the statement is true or false.
[Ques. 4] PPBES budgeting was originally developed by the U.S. Department of Defense with the advantage of being flexible in meeting goals in a single fiscal year
Indicate whether the statement is true or false.
[Ques. 5] Zero-based budgeting holds all accounts level (zero increase) from the earlier year and allocates the needed percentage to accomplish the categorical goals.
Indicate whether the statement is true or false.
[Ques. 6] A percentage add-on budget starts the budgeting process at zero at the start of each new fiscal year and adds what is needed for that year. The extra remaining from the previous year is referred to as the percentage add on
Indicate whether the statement is true or false.
[Ques. 7] In 1921, the U.S. Congress passed legislation and President Harding signed it requiring a national budget
Indicate whether the statement is true or false.
[Ques. 8] As early as 1314, the British Parliament insisted the King use tax revenue for the purpose for which it had been collected.
Indicate whether the statement is true or false.
[Ques. 9] Public education makes up about 12 of the Federal budget every year
Indicate whether the statement is true or false.
[Ques. 10] Federal revenue to public education has hovered around the 8-10 since 1970.
Indicate whether the statement is true or false.
Quick Reply
