Budgeting System

Budgeting System Paper Rosalind Harris HSM/260 September 30, 2010 Desha Dickson The get word service of a doing work chasse arrangement is that it shows both activities of the watchfulness and the service levels of these activities. This information gives the spot the information necessary to conclude if the priorities are correct. It is an immerse process in assessing the quantity, quality and productiveness of weapons platforms. The key advantages of a course of study work outing system are the production of a transparent compute which enhances community understanding of the purpose and nature of the services the authorization will provide. The program calculateing system also focuses attention on community goals, needs and capabilities. With the assistance of a program figure system, an agency can bring budget investments in subscriber line with community objectives, anticipated or desired growth, priorities and financial capabilities. The key advanta ge 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 go past on every item the agency utilizes. The focus of the budget is what is bought? The expenditures for to each one item are broken overcome 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 using up for salaries, supplies and utilities does not reveal much about the actual legal transfer of services. other disadvantage is that line-item budgeting can result in incompetent and inefficient a ctivities because management is not permitte! d enough flexibility to dole out changing situations and often must use it or retrogress it at the end of the year. The disadvantages of the budgeting systems are that have a inseparable vindication to change and that they may also have transitional problems at their introductory stages. The future makes long term intend difficult.If you deprivation to get a full essay, order it on our website: OrderEssay.net

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