Functional Budgeting Systems Are Plans for How Much Agency Funding

question 38

Multiple Choice

Functional budgeting systems are plans for how much agency funding will be devoted to all of the following EXCEPT:

• A) individual programs.
• B) what amount of service or product the programs are expected to produce in return.
• C) the estimated unit cost (cost per output).
• D) a budgeting system which divides the agency budget into functions and estimates costs of each function.

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Definitions:

Premium Services

High-quality or additional services offered to customers, often at a higher price, to enhance their experience or provide added value.

Boutique Hotel

A small and stylish hotel that typically offers personalized services and is designed with a thematic or unique approach.

Valet Parking

A service where an attendant parks and retrieves vehicles for guests, usually at hotels, restaurants, and airports.

Culinary Institute

An educational institution dedicated to teaching cooking and other aspects of food preparation and presentation.