Reference no: EM132959091
Problem 1: A reason why local policy makers build a politically acceptable surplus into the budget is
a. to provide a cushion to protect against inflation when it turns out to be higher than expected.
b. to provide a contingency against revenues falling short of estimates.
c. to provide a cushion against unanticipated arbitration judgments or court awards.
d. All of the above
e. b and c, but not a
Problem 2: Which of the following is a way in which gubernatorial powers differ between the states?
a. Governors have different powers in terms of organizing the executive branch.
b. Governors have different powers in terms of appointing agency officials.
c. Governors have different powers in terms of vetoing legislative acts.
d. Governors have different powers in terms of releasing and transferring appropriated funds.
e. All of the above
Problem 3: The budget that has been executed at the end of the fiscal year is almost never identical to the plan enacted at the outset.
True
False
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