Consider the following statements regarding Outcome-based Budgeting:
1. Outcome budget is a performance measurement tool that helps in fixing accountability.
2. In Outcome budgeting, the outcomes of programs are measured only in terms of Rupees and not in terms of physical units.
Which of the given statement/s is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2