Budgeting in High Schools Essay by Master Researcher

Budgeting in High Schools
This paper explores the differences in budgeting techniques, specifically line item versus zero based budgets.
# 90340 | 675 words | 2 sources | 2006 | US
Published on Dec 01, 2006 in Accounting (Managerial) , Education (Jr High/High School)


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Description:

The paper reviews line-item and zero-based budgeting approaches. The paper describes each approach, comments on their advantages and discusses when one might be likely to use one over the other. The paper then concludes with a recommendation based on the situation described of the school system administration and budgeting for an athletic department, where prior concerns were noted by district administrators.

From the Paper:

"Proper accounting methods for a particular situation are often grounded in the use of proper budgeting techniques. As budget manager in a high school setting where administration has raised concerns about the athletic budgets, one needs to fully understand the differences in budgeting techniques; specifically line item versus zero based budgets. This paper will describe the two budget techniques, highlight their differences and then conclude with a recommendation on which technique would be most appropriate for a high school setting where athletic issues are a concern. Line item budgeting: Line item budgeting lists revenue to outlay items by class for a given year compared to the previous year to establish a budget."

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APA Format

Budgeting in High Schools (2006, December 01) Retrieved May 30, 2020, from https://www.academon.com/essay/budgeting-in-high-schools-90340/

MLA Format

"Budgeting in High Schools" 01 December 2006. Web. 30 May. 2020. <https://www.academon.com/essay/budgeting-in-high-schools-90340/>

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