Which of the following is true about budgets prepared by entities that use program budgeting techniques?
A)The budget package will include information about the object classification expenditures necessary to accomplish a specific goal or objective.
B)The budget package will generally include information about the costs of providing a variety of levels of service of the same program.
C)The budget package will generally include information about the importance of the activity in accomplishing the entity's objectives, alternatives methods of accomplishing the objective, and the consequences of not performing the activity.
D)All of the above can be true.

Question

Quizplus · Accepted Answer

All three statements are true about budgets prepared by entities that use program budgeting techniques. Program budgeting focuses on outcomes and the costs associated with achieving those outcomes, so budgets will include object classification expenditures needed to accomplish specific goals, information about the costs of providing different levels of service within a program, and information about the importance of different activities in achieving overall objectives.

Which of the Following Is True About Budgets Prepared by Entities