Module 7 - Athletic Administration Quiz

|tn-class activity] To meet its strategic plan objective for a balanced budget, you will create an expense budget for ABC Athletics department with 10% less revenues from the prior year. (Tipal. Some expense categorios are mostly fred yoat over year. Grants in aid tor students foxed (Cip:2. There is no right and wrong answer, lustify your budeet projection. What categories can be prichtiged to rut down the expenses? Cat down that poxpenses first and allocate the balance to other categories) Question 1 (Mandatory) (2 points) To meet its strategic plan objective for a balanced budget, you will create an expense budget for ABC Athletics department with 10% less revenues from the prior year. Basically. you need to cut down some expense categories to meet total expense $68,840,005 from prior year $76,488,894. Module 7 Quiz Athletics Budgeting (Some expense categories are mostly fixed year over year.) 1) Please project the expense budget for ABC athletics with 10% less revenues from the prior year (Download the attached excel file and fill out for the next year projection). To answer, copy and paste the next year projection cells or attach your file here. 2) Explain briefly some potential solutions in terms of budget reduction