14 Chapter Managing for Results TRUE/FALSE (CHAPTER 14) 1. Zero-based budgeting requires the periodic review of all programs, not just new ones. 2. It is difficult for accountants to have a role beyond auditing the financial statements of governments and not-for-profits. 3. Outputs is a term used to indicate the quantity or units of service provided by an activity. 4. One of the principal disadvantages of zero-based budgeting is that it requires budgetary units to provide information that may never be used in the decision process. 5. Many of the benefits of program budgeting may be ascribed to the organizational selfexamination that it requires at the outset. 6. Most accounting organizations support the notion that performance measures should be included in general-purpose annual financial reports. 7. The stated objective of the National Partnership for Reinventing Government is to reinvent government to work better, cost less, and to get Americans to care about it. 8. GASB SEA reporting proposals focus on measures of efforts, measures of accomplishments, and measures that relate efforts to accomplishments. 9. Rather than cash inflows, the potential benefits of many capital assets can be expressed as cash savings to governments and not-for-profits. 10. It is widely accepted that capital assets should be financed with resources on hand to achieve interperiod equity. ch14 Page 1 MULTIPLE CHOICE (CHAPTER 14) 1. In which of the following steps of the management cycle of governmental and not-for-profit entities are accountants least involved? a) Performing cost benefit analysis on proposed programs. b) Selecting among alternative programs. c) Preparing financial reports. d) Evaluating efficiency and effectiveness of programs. 2. Accountants are actively involved in collecting and analyzing data to be used by public policy makers. Which of the following other groups might also be involved in the data collection and analysis process? a) Statisticians. b) Economists. c) Program managers. d) All of the above. 3. Which of the following groups is least likely to be involved in evaluating the efficiency and effectiveness of government programs? a) Accountants. b) Legislators. c) Economists. d) Statisticians. 4. Which of the following is a true statement regarding the implementation phase of a government program? a) Internal accountants are not involved; only program managers are involved. b) Internal accountants are actively involved, preparing budgets, controlling costs, and preparing operating reports. c) Internal accountants have only a minor role, preparing reports for external parties. d) Internal accountants have final say in program choices. 5. Which of the following is NOT the role of policy makers in solving social problems? a) Selecting among options b) Developing alternatives. c) Appropriating resources required to implement programs d) Establishing expected goals. 6. All governments and not-for-profit entities should establish goals and objectives. Which of the following is
This is the end of the preview. Sign up to
access the rest of the document.