Budgetary Costs Estimate the total cost of the initiative. Explain the direct and indirect costs associated with
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Budgetary Costs
- Estimate the total cost of the initiative.
- Explain the direct and indirect costs associated with the budget.
- Include direct and/or indirect expenditures and their associated costs (e.g., salaries/wages, facilities, equipment, material/supplies, travel, consultants).
- Include capital expenditures.
Budgetary Sources
- Explain the budget source for the initiative. Include details related to public sector funding and other relevant sources of funds.
Budgetary Approach
- Analyze how a performance-based budget approach will support the budget proposal. Note: Review Table 6-1 in Ch. 6, "Budget System Reforms: Trying to Make Better Choices," ofFiscal Administration.
- Identify 2-3 desired performance outcomes of the initiative.
- Explain the budgetary costs required to track and meet the desired performance outcomes.
Accounting
- Explain the ensure consistent accountability and transparency in the budget process.
- Explain how the budget will be audited or reviewed and the review process.
- Explain how the measure outcomes or progress of the initiative through the budget.
- Explain strategies will use to reduce or prevent errors.
Related Book For
Accounting for Decision Making and Control
ISBN: 978-0078025747
8th edition
Authors: Jerold Zimmerman
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