The Financial Plan of the Revenues and Resources Needed to Carry

question 44

Multiple Choice

The financial plan of the revenues and resources needed to carry out activities and meet financial goals is called

• A)performance measure.
• B)benchmarking.
• C)budgeting.
• D)responsibility center.

---

Definitions:

Direct Payments

Payments made directly by the government to farmers, individuals, or businesses not requiring the provision of goods or services in return.

Countercyclical Payments

Government payments made to individuals or firms during times of economic downturns to offset decreases in demand and stabilize the economy.

Marketing Loans

Loans that allow farmers to borrow against the value of their stored crops, which acts as collateral, providing them with liquidity while they wait for favorable market conditions to sell.

Special Interest Effect

The impact of interest groups or individual stakeholders in influencing government policy to benefit a small, specific group at the expense of the general public.