Budgeting System

Budgeting System Paper
Rosalind Harris
HSM/260 September 30, 2010
Desha Dickson

The get word advantage of a doing work outing arrangement is that it shows both activities of the direction and the service levels of these activities. This information gives the spot the information necessary to decide if the priorities are correct. It is an immerse process in assessing the quantity, quality and productivity of weapons platforms.
The key advantages of a course of study work outing system are the production of a transparent budget which enhances community understanding of the purpose and nature of the services the agency will provide. The program budgeting system also focuses attention on community goals, needs and capabilities. With the assistance of a program budget system, an agency can bring budget investments in subscriber line with community objectives, anticipated or desired growth, priorities and fiscal capabilities.
The key advantage of a line-item budgeting system is that it is the simplest to prepare and it is a financial document that lists how much an agency will spend on every item the agency utilizes. The focus of the budget is what is bought? The expenditures for to each one item are broken down into categories.




The disadvantages of the line-item budget system is that is does non provide any information regarding activities and functions of a program or department. Knowing how much the agency is spending for salaries, supplies and utilities does not reveal much about the actual delivery of services. other disadvantage is that line-item budgeting can result in inefficient and inefficient activities because management is not permitted enough flexibility to address changing situations and often must use it or lose it at the end of the year.
The disadvantages of the budgeting systems are that have a natural vindication to change and that they may also have transitional problems at their introductory stages. The future makes long term planning difficult.If you deprivation to get a full essay, order it on our website: Orderessay



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