Which Budgeting System Focuses on the Use of Inputs

question 9

Multiple Choice

Which budgeting system focuses on the use of inputs?

• A) Incremental budgeting
• B) Flexible budgeting
• C) Zero-base budgeting
• D) Program budgeting
• E) Activity-based budgeting

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Definitions:

Employee Retirement Income Security Act

A federal law that sets minimum standards for pension plans in private industry and provides for extensive rules on the federal income tax effects of transactions associated with employee benefit plans.

Benefit Plan

A set of benefits provided by an employer to its employees, which may include health insurance, retirement savings plans, and other perks.

Consolidated Omnibus Budget Reconciliation Act

A U.S. federal law that provides individuals and their families the option to continue healthcare coverage for a limited time after losing health benefits.

Policy Premiums

The amounts of money that individuals or organizations pay for insurance policies over a set period.