Free

Zero-Based Budget - Assignment Example

Add to wishlist

Summary

The author examines the zero-based budget of the school’s sports program. These are basketball, soccer, and rugby for the male students, and tennis, handball, and badminton for the female students. All six teams are to be supported by the school financially to ensure they perform their level best. …

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER98% of users find it useful

Read Text Preview

Subject: Finance & Accounting
Type: Assignment
Level: Masters
Pages: 1 (250 words)
Downloads: 3
Author: dagmarhermann

Extract of sample "Zero-Based Budget"

The school’s sports program has several key sporting activities being majored on for the coming seasons. No one is to miss a practice or attending the main competition events due to lack of funding. The activities are in line with the sports program’s mission statement that emphasizes participation and athletic excellence. The teams will be managed by their individual coaches. These coaches are to be committed to their teams at least five days a week or four hours a day.

Cite this document

APA
MLA
CHICAGO

(Budget Assignment Example | Topics and Well Written Essays - 273 words, n.d.)
Budget Assignment Example | Topics and Well Written Essays - 273 words. Retrieved from https://studentshare.org/finance-accounting/1681473-budget

(Budget Assignment Example | Topics and Well Written Essays - 273 Words)
Budget Assignment Example | Topics and Well Written Essays - 273 Words. https://studentshare.org/finance-accounting/1681473-budget.

“Budget Assignment Example | Topics and Well Written Essays - 273 Words”, n.d. https://studentshare.org/finance-accounting/1681473-budget.

Cited: 0 times

CHECK THESE SAMPLES OF Zero-Based Budget

Components and Steps in Developing of Master Budget

The Master budget is prepared by combining individual annual budgets that are prepared earlier.... hellip; It consists of a Pro Forma Income Statement, Pro Forma Balance Sheet and Cash budget.... Other budgets included in the master budget are the sales, production, direct materials purchases, direct materials usage, direct labor, factory overhead, ending inventories, cost of goods sold, selling expenses, administrative expenses, operating expenses, and capital budget. The first and foremost step in developing the master budget is the sales forecast in terms of quantities and values of products....

3 Pages (750 words) Essay

Financial Accounting Concepts

In the paper “Financial Accounting Concepts” the author analyzes three types of budgets used by business these days: Self Imposed budget, Base Year budget, Zero Based budget.... The users of budgets use these for different purposes and monitor the budget and its progress.... hellip; The author explains that Self Imposed budget is known as a participative budget; it is a budget that is made with full participation and input from managers at all levels, thus naming it as participative....

2 Pages (500 words) Essay

The Influence of a Volatile Business on the Budgets

In the formal budget all the expenses, revenues, profits and returns are listed.... All the business organizations irrespective of their size require maintaining the budget.... This protects On the basis of this,the budget allocation needs require to be constantly updated (Govindarajan& Shank, 1992).... The objective of budget allocation is that the companies can ensure that the financial stability is maintained and with this it also prevents the budgets from becoming negative....

7 Pages (1750 words) Essay

Costing and Budgeting: HSBC Bank

The employee compensations and benefits decrease from the year 2012 to 2013 by $1295 million.... his shows that the company has reduced its employees.... he general and adminstration expenses decreased from the year 2102 to 2013 by$2918 million.... s is an indicator that there was… on of administration and supervision costs mainly because the company adopted a new technology system which was more effective....

7 Pages (1750 words) Assignment

REACHING YOUR INTENDED AUDIENCE

udget StrategiesZero-based budget: This strategy involves allocation of all the money to various activities that need to be done during the entire project of the communication plan.... Different methods of budget strategies include zero budget, priority-based budget and envelope based budget.... An examination of the relationships among budget emphasis, budget planning models and performance....

2 Pages (500 words) Essay

Zero-Base Budgeting for the Institutions

The Zero-Based Budgeting procedure forces the planner to completely justify the budget.... It assumes that the previous year's budget is not a valid base from which to work.... This research paper "Zero-Base Budgeting for the Institutions" will discuss the history, drawbacks, solutions, and implementation of zero-based Budgeting.... It will further highlight the importance of zero-based Budgeting in the local and government sectors and try to assess the main reasons behind its increasing popularity....

7 Pages (1750 words) Research Paper

Budget and Budgeting, Cost and Costing

… Budgets and Budgeting A budget is an agreed financial plan containing all planned sources of revenue and expenditure for a given time period.... A budget is derived from the organizational goals & policies and is often based on time series forecasts.... Using this data and other factors, budget is prepared for the limiting factor of the firm such as cash, sales, capacity and so on.... The master budget is then compiled from the budget for limiting factor and other derived budgets....

3 Pages (750 words) Essay

Performance Management: Mustang Limited

In the paper “Performance Management: Mustang Limited” the author analyzes Mustang Company, which has an incident the turn down of sales over the years owing to elevated contest from other institution.... The board of directors should employ a project administrator to be in charge.... hellip; The author states that the task of production planning is fundamentally to confirm that the whole project is completed in a certain time....

10 Pages (2500 words) Case Study