Which of the Following Is Not a Guideline for Budget

question 53

Multiple Choice

Which of the following is not a guideline for budget preparation?

• A) Include financial data only.
• B) Know the sources of budget information.
• C) Know the purpose of the budget.
• D) Identify the format of the budget.

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Definitions:

Panamanian Independence

The act or process through which Panama gained sovereignty and independence from Colombia in 1903, with US support.

Treaty of Paris

The 1783 agreement that ended the American Revolutionary War, recognizing the independence of the United States from Great Britain.

Anglo-Saxon Purity

A concept rooted in racial ideology that idealizes the characteristics, culture, and heritage of Anglo-Saxons, often associated with white supremacy.

American Capitalism

An economic system in the United States based on private ownership of the means of production and the creation of goods or services for profit.