The Cost of Maintaining Public Rangelands for Grazing in the US

question 43

Multiple Choice

The cost of maintaining public rangelands for grazing in the US is about $47 million. The sale of grazing permits on public lands amounts to

• A) $11 million.
• B) $36 million.
• C) $48 million.
• D) $58 million.
• E) $83 million.

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Definitions:

Decentralized Operations

A management structure where decision-making and operations are distributed among various autonomous units or departments within an organization.

Profitability

A measure of the efficiency and effectiveness of a company in generating profit relative to its revenue or investments over a specific period.

Manager

An individual responsible for controlling or administering an organization or group of staff.

Budget Performance Reports

Periodic reports comparing budgeted amounts to actual amounts for a specific period, and the analysis of variances to make informed financial management decisions.