Which of the Following Is NOT a Part of the Line-Item

question 16

Multiple Choice

Which of the following is NOT a part of the line-item budgetary process?

• A) The standardized line-item budget format
• B) A detailed justification for each expense
• C) The identification and discussion of where proposed expenses might be reduced
• D) Where additional revenues might be sought in order to bring the finalized budget into balance

---

Definitions:

Over/Underabsorbed Overhead

The difference between the overhead costs applied to products and the actual overhead costs incurred.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, ending with net income or loss.

Cost Pool

A grouping of individual costs, typically by department or service center, from which cost allocations are made later.