Answer the following statements true (T) or false (F)
1. Budget formulation is likely to be the most complicated stage of the budgeting process.
2. Zero-based budgeting is the commonly used budget format
3. Weaknesses of line-item budgeting are neglect of long-range planning and its limited ability to evaluate performance.
4. The planning–programming–budgeting system (PPBS) is a decision-making tool that links the program under consideration to the ways and means of facilitating the program.
5. The police chief must be able to justify all requested expenditures in the budget.
1. True
2. False
3. True
4. True
5. True
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