Incrementalism Describes How Budget Makers

question 29

Multiple Choice

Incrementalism describes how budget makers

• A)make a comprehensive review of budget requests.
• B)make small adjustments in the previous year's allocations, while avoiding a comprehensive review of requested funding.
• C)look at the overall budget and make allocations based on the political value of the programs involved.
• D)begin anew such that consistency and continuity in the final budget are given little value.

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Definitions:

Double-Declining-Balance

A depreciation technique that increases the standard rate of depreciation twofold, thus diminishing an asset's value at a faster pace.

Units-of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces or hours it operates.

Straight-Line Depreciation

A method of calculating the depreciation of an asset by evenly spreading its cost over its useful life.

Residual Value

The estimated remaining value of an asset at the end of its useful life, often used in calculating depreciation expenses.