List and define budget categories in a line-item budget. Describe the importance of having a line-item budget. Use your text to support your answer. After reviewing Chapter 13, determine a p
Developing Line-Item, Functional, and Program Budgeting Systems
Establishing and creating a budget is crucial for successful program development and implementation. Chapter 13 examines three different program budgeting systems. A line-item budget identifies all anticipated revenue and proposed expenses.
Please respond to the following:
List and define budget categories in a line-item budget.
Describe the importance of having a line-item budget. Use your text to support your answer.
After reviewing Chapter 13, determine a program structure for the new program described in the case example.
What direct cost is associated with human services programs? What is the indirect cost?
Explain the importance of knowing the total cost (indirect and direct) of a human services program.
Describe the total direct cost methodology, the direct labor cost methodology, and the direct labor hours methodology.
In your opinion, which cost allocation methodology is best? Explain your answer using your text or other resources to support your response.
Please provide references
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