Which of the following is an essential feature of a good budget process, as defined by the National Advisory Council on State and Local Budgeting (NACSLB)?
a) Focuses budget decisions on results and outcomes
b) Involve
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Which of the following is an essential feature of a good budget process, as defined by the National Advisory Council on State and Local Budgeting (NACSLB)?
a) Focuses budget decisions on results and outcomes
b) Involves and promotes effective communication with stakeholders
c) Establishes linkages to broad organizational goals
d) All of the above - ANS -d) All of the above
Which of the following is a true statement regarding the advantages of line-item budgeting?
a) It obscures tradeoffs
b) It is easy to understand
c) It is effective at reducing waste
d) It is focused on results - ANS -b) It is easy to understand
Which of the following is an advantage of locating the budget function under the chief executive?
a) Better coordination with the finance function
b) More involvement in day-to-day crises
c) Staff with more financial expertise
d) None of the above - ANS -d) None of the above
When setting program goals, which of the
following should be the primary concern?
a) The required service level(s)
b) The likelihood of the program's budget
request being approved
c) The results of citizen surveys
d) The amount of resources required - ANS -a) The required service level(s)
A well-conceived and executed budget classification structure:
a) incorporates direct reference to the chart of accounts
b) should be succinct and limited to fund, organizational unit, and activity,
c) must include information regarding the programmatic nature of the proposed spending
d) provides information in a format and at a level of detail to facilitate budget analysis and decision making - ANS – D provides information in a format and at a level of detail to facilitate budget analysis and decision making
The National Advisory Council on State and Local Government Budgeting identified a principal entitled, "Develop a Budget Consistent with Approaches to Achieve Goals." Which of the following was not called for in establishing linkage?
a) Conduct long-range planning
b) Evaluate the effect of changes to revenue source rates and bases
c) Develop a capital improvement plan
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