"Zero-Based Budgeting" Was a

question 41

Multiple Choice

"Zero-based budgeting" was a

• A) method of budgeting that dictated funding for federal agencies could never be cut unless the federal government was running a budget deficit.
• B) method of budgeting from the bottom up, whereby each agency was required to rejustify its entire mission rather than merely its next year's increase.
• C) method of budgeting in which each federal agency would receive a 0 percent increase each year.
• D) phrase used by President Bill Clinton in his attempts to persuade the public that there was very little basis for cutting the funding of most federal programs.

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Definitions:

Mean

The arithmetic average of a set of values, or distribution, calculated by summing the values and then dividing by the number of values.

Standard Normal

A special case of the normal distribution with a mean of zero and a standard deviation of one, commonly used in z-score calculations.

Area

An evaluation of the area covered by a shape or surface in two dimensions, calculated in units².

Area

In statistics, often refers to the region under the curve of a probability distribution representing the probability of a range of outcomes.