Budgets Are Normally Based on Fiscal Years

question 51

Multiple Choice

Budgets are normally based on fiscal years. The most common fiscal year used by state and local governments is

• A)October 1 through September 30.
• B)June 1 through May 31.
• C)January 1 through December 31.
• D)July 1 through June 30.

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Definitions:

Serial Tactics

Strategies or methods employed in sequence, one after the other, to achieve a particular goal or outcome.

Realistic Job Previews

The provision of a balanced, realistic picture of the positive and negative aspects of a job to applicants.

Reduce Turnover

Strategies or actions aimed at decreasing the rate at which employees leave and are replaced within an organization.

Increase Acceptance

The act of becoming more open or receptive to various ideas, behaviors, or practices.