All budgets, whether national, regional, or local, should be tied to specific objectives. All government revenue
raising and spending should fall into one of the following objectives given below please choose the correct
option:
The ______ is the sum of the values of a group of items divided by the number of those items. Arithmetic mean
is the most commonly used type of average. Where as_______ is a widely used measure of dispersion. The
standard deviation represents the deviations of individual observations from the mean.
General Funds are the chief operating fund for a government is called the general fund, where as Special
Revenue Funds are the funds that are used when the revenue sources are earmarked for a specific purpose
(special tax or grant requirement);