The annual performance plans that support strategic plans are now referred to as?

Prepare for the CGFM Exam 1 with flashcards and multiple-choice questions. Each question comes with hints and explanations to help you understand. Ace your exam by studying the key concepts of the governmental environment!

Annual performance plans that align with and support strategic plans are correctly referred to as performance budgets. This designation reflects a methodology where budgetary allocations are directly linked to the intended outcomes and performance measures of government programs. The primary purpose of performance budgets is to ensure accountability and improve decision-making by providing a clear connection between funding and expected results. This framework encourages the evaluation of program performance and the efficient use of resources, facilitating a results-oriented approach to budgeting within governmental entities.

The other options, while they relate to assessment and evaluation within government operations, do not encapsulate the specific framework created by linking performance measures directly to budgetary processes in the same manner that performance budgets do. Outcome assessments focus on measuring the results of programs, performance audits review the efficiency and effectiveness of programs, and comprehensive reviews may involve a broader evaluation of various processes but do not necessarily tie back to the budget in a systematic way like performance budgets do.

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