Governments may have a budget surplus, which allows them the flexibility to put money into a(n) ______________ to be used when budget shortfalls occur.

Answers:

Investment Account

Budget Reserve

Slush Fund

Holding Account

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One reason for the disdain is that incremental budgeting is frequently performed on a so-called _____________, which merely list the different classes of expenses and which does not inform the manager about the function and outcome of the expenses.

Answers:

Categorized Budget

Summary Budget

Line Item Budget

Approximated Budget