Program Budgeting, More Than Any Other Budgeting System, Focuses on the Outcome

question 13

True/False

Program budgeting, more than any other budgeting system, focuses on the outcome achieved outside the organization.

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Definitions:

Electronic Banking

The use of computer networks and digital technologies to conduct financial transactions and access banking services.

On-us Item

A check or draft that is drawn on the same bank or one of its branches where it is being presented for payment.

Negotiable Instrument

A formal document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name either mentioned or left blank.

Uniform Commercial Code

A complete collection of regulations that oversee every business transaction within the United States.