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What is another name for Budget items mandated by law or by a previous obligation?
Wiki User
∙ 11y ago
expenditures
Wiki User
∙ 11y ago
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Explain the two ways in which laws are changed to meet the budget resolution?
Laws can be changed to meet the budget resolution through the appropriations process, which allocates funding to specific government programs outlined in the budget. Additionally, laws can be amended through the reconciliation process, which allows for expedited consideration of budget-related legislation to align with the budget resolution.
How much does it cost to take a paralegal training course online?
Costs for paralegal training courses online can vary widely depending on the provider, course length, and level of certification. Prices can range from a few hundred dollars to a couple thousand dollars. It's best to research different programs to find one that fits your budget and educational goals.
What are the powers and functions of a Barangay appropriation committee chairman?
The Barangay Appropriation Committee Chairman is responsible for overseeing the budget preparation process, reviewing financial documents, and ensuring that funds are allocated appropriately. They also have the authority to propose changes to the budget and present reports to the barangay council on budget matters.
What defines the administration's plans for the coming year?
The administration's plans for the coming year are typically outlined in a combination of the President's State of the Union address, budget proposals, and policy announcements. These plans may focus on legislative priorities, economic goals, foreign policy objectives, and other initiatives aimed at addressing key issues facing the country. Each administration's specific plans can vary based on the President's agenda and priorities.
What are the three main elements of Fiscal Law?
The three main elements of Fiscal Law are budget authority, time frame, and purpose. Budget authority refers to the legal authority to spend government funds. Time frame pertains to the period in which funds can be obligated and used. Purpose involves the specific reasons or activities for which funds can be expended.
How is the Capital budget primarily funded?
The Capital budget is primarily funded through the claiming of general obligation bonds. The most common of these is taxes, which are paid by the citizens.
What is a major feature of incremental budgeting?
Provides small increases in the current budget over the previous year's budget.
What was the Production Budget for Another Year?
The Production Budget for Another Year was $8,000,000.
What was the Production Budget for Another Earth?
The Production Budget for Another Earth was $175,000.
What is another name for static budget?
Fixed Budget
How does the government set up a budget?
A government budget starts with the projection of sources and amounts of revenue and allocates the potential receipts among projects and legislatively mandated programs based on projected needs and public pressure.
What is a sample cash budget?
A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.
What was the Production Budget for Another Happy Day?
The Production Budget for Another Happy Day was $4,000,000.
What was the Production Budget for Not Another Teen Movie?
The Production Budget for Not Another Teen Movie was $15,000,000.
Is the accumulated total of all previous federal budget deficits?
national debt
What can be used for predicting program obligation performance and funding requirements and identifying potential budget execution problems.?
Spending Plan
When government takes in 100 million in taxes but has an obligation of 120 million in government services to provide is an example of?
Budget deficit
