Question

large percentage of a state's revenue comes in the form of federal grants. These grants come in two major forms: __________________________ and ________________.

Programs and Infrastructure

One-time and Recurring

Categorical and Block

Services and Administrative

Revenue management is defined “as the assessment and maintenance of a local governments capacity to generate sufficient funds from all available resources to support policy decisions regarding service levels”. There are three general components to proactive revenue management: revenue development, revenue analysis and revenue support systems.

True

False

What model would use factors such as unemployment, population shift, and changes in the economy to predict revenue?

Simple Linear Regression

Multi Regression

Variable Regression

Vector Autoregression

Answer 1

Answer 1 Categorical and Block

The federal grant came in two types Block Grants which can be used for a general purpose and categorical which are used for some [re defined purpose only

ANswer 2 True

A poactive revenue management has three main pillers,  revenue development, revenue analysis and revenue support systems

Answer 3 Multi Regression

The multi regression analysis uses two or more than two independent variables to predict the value of dependent variable.