savanaht2005
Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Discover the answers you need from a community of experts ready to help you with their knowledge and experience in various fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Comparing the costs in time and resources with the benefits is an important step in

implementing a program that has become law
reducing funding from a local or state budget
deciding whether to add a new public official
analyzing the effectiveness of a public policy

Sagot :

The comparison of costs in time and benefits from the resources is considered an important step in reducing funding by preparing a local or state budget.

What is a budget?

A budget is a forecasted plan of revenues and expenses. There are various types of budgets like master budget, material budget, expenses budget, etc.

Budgeting is the process that helps the government to reduce its spending and minimize costs with the creation of revenues. A budget enables them to identify where to spend more and where to spend less. It also helps in analyzing where to save money. It helps the government to allocate the funds in the right direction which could reduce the funding and increase the revenues.

Therefore, the reduction in funds can be done by having a planned budget which is an important step in comparing costs and having benefits.

Learn more about the budgeting in the related link:

https://brainly.com/question/18803390

#SPJ1

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.