What are the benefits of Virement in public sector budgeting

What are the benefits of Virement in public sector budgeting

What are the benefits of Virement in public sector budgeting? (Select all that apply)

    A) Provides flexibility in budget management

    B) Helps avoid underspending in one area and overspending in another

    C) Makes budgets more rigid

    D) Deters unnecessary spending

    Answer: A, B, D

    Explanation: Virement provides budget flexibility, helps balance spending across areas, and can deter unnecessary spending. It does not make budgets more rigid.