An Example of Incremental Budgeting Is

question 68

Multiple Choice

An example of incremental budgeting is

• A)reviewing an agency's budget to establish a lower base.
• B)Carter's zero-based budgeting.
• C)reducing an agency's budget a little each year.
• D)giving an agency a little more than it had last year.
• E)breaking a budget into its component parts and reviewing each part individually.

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Definitions:

Driver's Exam

A test designed to evaluate an individual's knowledge and skills in driving to determine their eligibility for a driver's license.

Probability

A quantification of the chances of a given event happening, with its value lying anywhere from 0 to 1.

Simple Events

In probability, an event that cannot be broken down further into simpler components.

Probabilities

They are measures of the likelihood or chance of an event occurring, expressed as a number between 0 and 1.