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In what ways are public sector budgeting and private sector budgeting different? a) Private budgeting is...

In what ways are public sector budgeting and private sector budgeting different?

a) Private budgeting is constrained by a fixed level of resources. b) Public budgeting decisions are motivated by “coverage.” c) Private budgeting decisions are motivated by the profit motive. d) Public budgeting at the national level has no fixed resources constraints e) All of the above.

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Answer #1

In what ways are public sector budgeting and private sector budgeting different?

  Private budgeting is constrained by a fixed level of resources

AND

  Public budgeting decisions are motivated by “coverage.

AND

Private budgeting decisions are motivated by the profit motive

AND

Public budgeting at the national level has no fixed resources constraints

SO,ANSWER WOULD BE e) All of the above.

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