_____ Is a Means of Distributing Funds (Primarily to School

question 23

Multiple Choice

_____ is a means of distributing funds (primarily to school districts) to reduce financial disparities among districts.

• A) An equalization formula
• B) Gerrymandering
• C) A regime analysis
• D) A charter

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Definitions:

Margin of Safety

The difference between actual or projected sales and the break-even point, indicating the extent to which sales can drop before losses begin.

Budgeted Data

Financial forecasts and plans, including income and expenses, prepared in advance for a specific period.

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed, influencing the amount of tax owed to the government, varying across income levels and jurisdictions.

Budgeted Break-Even Point

The projected level of sales or production at which total revenues equal total costs, resulting in no profit or loss.