Examlex
Which of the following is a trait of a traditional cost management system?
Budget
An estimate of income and expenditure for a set period of time, often used by governments to plan economic policies.
Federal Government
The system of government in which power is divided between a central authority and constituent political units (such as states or provinces), with the United States government being a prime example.
Cabinet Departments
Major administrative units within the executive branch of the U.S. government, each headed by a Secretary, responsible for a specific area of government policy.
Public Bureaucracy
The body of government officials and administrators, often career civil servants, responsible for implementing policies and administering public programs.
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