Below Are Some Budgeting Techniques Which Are Used Rarely

question 13

Multiple Choice

Below are some budgeting techniques which are used rarely (or more often) by government agencies and corporations.Which is true? $\begin{array}{llcc}\quad\quad\quad\quad\quad\quad\quad\quad\quad\text {Private} \quad \text {Public}\\\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\text {sector}\quad\text {sector}\end{array}$
a. $\begin{array}{lll}\text {Line-item budgets}& \text {Often}&\text {Rarely}\end{array}$

b. $\begin{array}{lll}\text { Flexible budgeting}& \text {Rarely}&\text {Often }\end{array}$

c. $\begin{array}{lll}\text {Budget lapsing }& \quad\quad\text {Often}&\text {Rarely}\end{array}$

d. $\begin{array}{lll}\text { Zero-based budgeting }& \text {Rarely}&\text {Often }\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D
• E)Option E

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Definitions:

Guaranteed Rate

A promised or assured rate of return on an investment or loan.

Special Account

An account created for a specific, often non-routine, purpose, which may involve unique transactions or conditions.

Withdraw

The act of removing funds from a bank account or the action of retracting from a position or commitment.

Present Value

The present value of a future amount of money or series of cash flows, based on a certain return rate.