The Creation of a Line-Item Budgeting System for a Human

question 10

Multiple Choice

The creation of a line-item budgeting system for a human service agency or program involves three of the following steps. Which of the following is NOT a step commonly used in creating a line-item budget?

• A) Designing a standardized line-item budget format
• B) Defining common budget terms and identifying all revenues and expenses
• C) Balancing the budget
• D) Receiving input form program staff

---

Definitions:

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgments is higher than their objective accuracy.

Self-Serving Bias

A cognitive bias where individuals attribute positive outcomes to their own actions and negative outcomes to external factors.

Anonymous Surveys

Surveys designed to collect data without revealing the identities of the respondents, enhancing the honesty and accuracy of responses.

Behavioral Economics

An area within economics that examines how psychological, cognitive, emotional, cultural, and social aspects influence the economic choices made by individuals and institutions.