Multiple Choice
Because both functional and program budgeting systems are concerned with determining the total cost of the program operated by a human service agency, they have implementation steps in common. Which of the following steps is NOT part of either the functional or program budgeting process?
A) Identifying the outcomes to be measured following the budgeting process
B) Creating the cost allocation plan format
C) Identifying direct and indirect costs
D) Allocating indirect costs to programs and determining the total cost of each program
Correct Answer:
Verified
Correct Answer:
Verified
Q28: The cost allocation methodology is used in
Q29: The cost allocation plan format is the
Q30: Indirect costs typically include all EXCEPT which
Q31: Functional budgeting systems are concerned with which
Q32: The use of the term "other operating
Q33: Line-item budgeting systems are characterized by the
Q34: Functional budget systems differ because they focus
Q36: Functional budgeting systems are concerned with the
Q37: The expense category of employee-related expenses would
Q38: Define "Indirect costs", give at least three