Podcast
Questions and Answers
What is a key feature of Zero-Based Budgeting (ZBB)?
What is a key feature of Zero-Based Budgeting (ZBB)?
- Only new activities are evaluated, not existing ones
- Activities are justified based on past practices
- Resources are allocated without any analysis
- All proposed activities are analyzed and evaluated (correct)
What is the primary focus of ZBB when considering activities?
What is the primary focus of ZBB when considering activities?
- Current operating levels
- Past practices
- Wants rather than needs
- Systematic analysis and evaluation (correct)
How does ZBB impact resource allocation?
How does ZBB impact resource allocation?
- It reallocates resources to achieve objectives (correct)
- It does not reallocate any resources
- It reallocates resources based on past performance
- It allocates resources randomly
What is one of the objectives of ZBB mentioned in the text?
What is one of the objectives of ZBB mentioned in the text?
How does ZBB aim to impact funding for different activities?
How does ZBB aim to impact funding for different activities?
What kind of budget approach is ZBB according to the text?
What kind of budget approach is ZBB according to the text?
Where are special accounts maintained within the General Fund?
Where are special accounts maintained within the General Fund?
Which local government entities constitute Special Funds?
Which local government entities constitute Special Funds?
What is the primary purpose of the Special Education Fund (SEF)?
What is the primary purpose of the Special Education Fund (SEF)?
What are Trust Funds, as described in the text?
What are Trust Funds, as described in the text?
What is NOT included within the SEF allocation objectives?
What is NOT included within the SEF allocation objectives?
What distinguishes Special Funds from the General Fund?
What distinguishes Special Funds from the General Fund?
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