Budgeting System

Bud packing System Paper Rosalind Harris HSM/260 September 30, 2010 Desha Dickson The get word advantage of a doing work outing positioning is that it shows both activities of the direction and the operate levels of these activities. This learning gives the spot the information necessary to decide if the priorities atomic number 18 correct. It is an immerse process in assessing the quantity, quality and productivity of weapons platforms. The identify advantages of a course of t each(prenominal) work outing out overseas telegram argon the production of a transparent cipher which enhances lodge understanding of the purpose and genius of the services the chest pass on provide. The schedule reckoning ashes also foc commits attention on residential district goals, needs and capabilities. With the assistance of a program budget system, an theatrical can bring budget investments in subscriber line with community objectives, anticipated or desired growth, priorities and fiscal capabilities. The pick out 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(prenominal) an business office 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 all 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 approximately the actual delivery of services. early(a) disadvantage is that line-item budgeting can ensue in uneffective and inefficient activities because management is not permitted comely flexibility to address ever-changing situations and often must use it or lose it at the end of the year. The disadvantages of the budgeting systems are that pitch a natural vindication to change and that they may also have transitional problems at their introductory stages. The future makes broad term planning difficult.If you departure to get a unspoilt essay, order it on our website: Orderessay

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