If economic efficiency is the primary goal in the budget process, the task of budget allocation should be to allocate funds to accomplish which of the following objectives? Ensure the number of distributional winners exceeds the number of losers Ensure reelection of personnel and/or continue public support for programs Guarantee that one dollar moved to a program yields a return to society greater than or equal to the loss to the program from which the dollar was removed Provide funding to programs that produce the highest benefits
If economic efficiency is the primary goal in the budget process, the task of budget allocation should be to allocate funds to accomplish which of the following objectives? Ensure the number of distributional winners exceeds the number of losers Ensure reelection of personnel and/or continue public support for programs Guarantee that one dollar moved to a program yields a return to society greater than or equal to the loss to the program from which the dollar was removed Provide funding to programs that produce the highest benefits
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 11EA: Look up the definitions for the following terms: Budget (Budgeting) Capital budget (Capital...
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Question
If economic efficiency is the primary goal in the budget process, the task of budget allocation should be to allocate funds to accomplish which of the following objectives?
-
Ensure the number of distributional winners exceeds the number of losers
-
Ensure reelection of personnel and/or continue public support for programs
-
Guarantee that one dollar moved to a program yields a return to society greater than or equal to the loss to the program from which the dollar was removed
-
Provide funding to programs that produce the highest benefits
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