Which of the following statements about new performance budgeting is INCORRECT:
A) Earliest application of new performance budgeting came at local and state levels.
B) The Chief Financial Officers Act of 1990 required financial officers of federal agencies to develop and report systematic measures of performance.
C) Government Performance and Results Act of 1993 directed agencies to work toward performance budgets.
D) The first presidential budget to aggressively use agency performance measures was president Bush's budget for fiscal 2003.
E) Unlike traditional performance budgeting, which focuses on outcomes, new performance budgeting attempts to budget according to the direct outputs or activities of government agencies.
Correct Answer:
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COMPARISON OF
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