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Functional Budget Systems Differ Because They Focus on Outputs While

question 34

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Functional budget systems differ because they focus on outputs while program budgeting systems focus on outcomes.


Definitions:

Commercial Capitalists

Individuals or entities engaged in the buying, selling, and distribution of goods with the aim of profit, often influential in the development of the modern economic system.

Federal Government

The national government of a federation, which holds the authority to govern issues that affect the entire country, such as defense, foreign policy, and currency regulation.

Political Rhetoric

The art of persuasive speaking or writing, often utilized by politicians and public leaders to influence public opinion, advocate for policies, or articulate visions and ideals.

Revolution

A fundamental change in political power or organizational structures that takes place in a relatively short period of time, often accompanied by violence or the overthrow of an existing government.

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