Which of the Following Is One of the Most Important

question 37

Multiple Choice

Which of the following is one of the most important reasons for evaluating a government's financial performance?

• A) Determine if property taxes and other revenue sources should be increased.
• B) Assign responsibility for success or failure of the government to certain parties.
• C) Determine whether the government is accomplishing its mission.
• D) Have an early warning of impending financial difficulty for a diverse set of decision makers.

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Definitions:

Open-Book Management

A management approach where employees are provided with company financial information to involve them in decision-making processes.

Human Resource Information Systems

A system of databases and information management that automates processes related to the human resource management functions like payroll, recruitment, and performance evaluation.

Human Resource Planning

The process of identifying the current and future human resources needs of an organization to achieve its goals.

Reduction Strategy

Approaches businesses use to downsize, reduce costs, or streamline operations, often involving layoffs or selling off assets.