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The Township of Fredon, is facing severe budgetary shortfalls due to a downturn in property values. The City Council needs to decide which of three
The Township of Fredon, is facing severe budgetary shortfalls due to a downturn in property values. The City Council needs to decide which of three discretionary programs it should eliminate, and has asked you, the Chief Financial Officer, to produce a set of decision packages to assist the Councilors in making this tough decision. Which budget approach will you use?
Choose one
a. An accrual budget
b. A flexible budget
c. An incremental budget
d. A zero-based budget
e. All of the above
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