A basic starting point for budget preparation is __________.
A) the prior year's budget
B) the average of the last five years' budgets
C) knowing the total available revenues
D) all of these
Correct Answer:
Verified
Q31: Using the team concept, departments can cut
Q32: Cutback budgeting requires _.
A) that contingency funds
Q33: Costs that do not vary in total
Q34: Some communities operate on a _ philosophy,
Q35: Budget preparation responsibility may be assigned to
Q37: Personnel costs account for _ percent of
Q38: The quartermaster system helps officers maintain _.
A)
Q39: Most departments have _ types of budgets.
A)
Q40: Variance budget analysis involves _.
A) proactive budgeting
B)
Q41: _ are set aside for such unforeseen
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