Annual Budget

Money in a fund

Expenditure authority due to an insufficient appropriation

Expenditure authority due to a cash problem, e.g. reimbursements not received on a timely basis

All of these

Pay rates within the private sector

Pay rates in the public sector

Investment in education

Benefits available for the unemployed and sick

Spending on health

Spending on defense

Firm’s investment decisions

Spending on education

Zero based budgeting

Fiscal based budgeting

Revenue based budgeting

None of these

Progressive tax

Proportional

Direct

Both A and C

Increase in imports

Increase in exports

Decline in imports

None of these

Planning and control of an organization’s income and expenditure

Preparation of a five-year business plan

Company valuation

Assess the non-financial performance of an organization

Flexible budget

Master budget

Production budget

Budget Budget

Flexible Year

Master Year

Production Year

Budget Year

Increase aggregate demand

Increase savings

Decrease consumption

Decrease exports