Reforms and Shortcomings essay

Zero-Based Budget System Expenses must be justified every budget period Budgets are build around the expenses justified Previous budgets are not involved. New Budgets in the CAB system are a clean slate.

Use of Zero Based Budgeting Very time consuming Avoids making blanket increases or decreases Each division must justify funding Not all divisions will receive the same priority Budgeting C] Zero-based Budgeting- understood as a budgeting method where every expenditure must be justified every budget cycle.C] Advantages: each cost is re-evaluated each year, laminates extra non-beneficial costs. C] Disadvantages- produces cutbacks, or layoffs, demands a budget increase Con.. 0 Performance-based Budgeting- is recognized as a budget that reflects the input of resources and the output Of services for each unit Of an organization. L] Advantages- explains previous legislative funding decisions, estimates and justifies the potential consequences of new funding decisions C] Disadvantages- may cause improper use of incentives and disincentives to improve agency performance

Sometimes it is hard to do all the work on your own
Let us help you get a good grade on your paper. Get expert help in mere 10 minutes with:
  • Thesis Statement
  • Structure and Outline
  • Voice and Grammar
  • Conclusion
Get essay help
No paying upfront

Leave a Reply

Your email address will not be published. Required fields are marked *

x

Hi!
I'm Gerard!

Would you like to get a custom essay? How about receiving a customized one?

Check it out