Define and characterize performance-based budgeting in your, Finance Basics

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Define and characterize performance-based budgeting in your

Using the assigned readings, your work experience in the public and nonprofit sector, and the knowledge you have gained in this MPA program as a guide, address the following question in a detailed fashion:

Define and characterize performance-based budgeting in your own words. Is it an effective, long-term budgetary, and financial management strategy for the public sector? Why, or why not? What do budgetary professionals contend?

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