For Each of the Following Definitions, Indicate the Key Term

question 11

Essay

For each of the following definitions, indicate the key term from the list that best matches by placing the appropriate definition.
A. Efficiency measures
B. Effectiveness measures
C. Planning-programming-budgeting system
D. Zero-based budgeting
E. Program budgeting
F. Flexible budgeting
G. Incremental budgeting
H. Budget calendar
________ 1. A budget in which each activity and the amounts of resources requested for each activity must be justified each year
________ 2. A budget that is derived from the current year budget by adding or subtracting amounts expected to be required by line-items
________ 3. A budgeting approach that integrates various elements of planning for programs
________ 4. Measures that relate efforts to accomplishments
________ 5. A budget in which resource inputs and service outputs are identified by programs

---

Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries, used to restrict imports by increasing the price of goods and services purchased from abroad.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time frame.

Domestic Price

The price of goods and services within a country's borders, influenced by local demand and supply conditions.

World Price

The price of a good or service in the international marketplace, influenced by the global dynamics of supply and demand.