objective of performance budgeting.
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Government budget is a tool to prevent economy from inflation or deflation and to maintain economic stability. The overall level of employment and prices in the economy depends upon the level of aggregate demand during the time of deflation, deficit budgetary policy are used to maintain stability in economy.
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The major aim of performance budgeting is to improve the efficiency of public expenditure, by linking the funding of public sector organizations to the results they deliver. ... Performance Based Budgeting tries to resolve issues related to decision making problems.
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