Law enforcement operations must react to changing conditions, yet they must do so within the bounds of the department's budget. For example, if a serious trend of daytime burglaries in a particular district emerges, the department must use either overtime or reallocate assets to counter the criminal activity.
Consider the following:
You are a police chief who has encountered budgeting challenge. Recent criminal activity has required the use of extra officers to counter the crimes, and as a result the entire overtime budget for the department is depleted. The city council has refused to allow any additional funding, so you must decide where the money will be reallocated to allow the continued function of the department.
You are to explain where money from other segments of the budget will be used. Basic categories are personnel, vehicle purchases, equipment and uniform purchases, vehicle maintenance, training, and corrections (the operation of the city jail). Explain which areas will lose funds and how this will allow the funding of overtime for officers. Use the provided City Police Budget as a reference to provide your answer.© BrainMass Inc. brainmass.com October 24, 2018, 8:26 pm ad1c9bdddf
This solution reallocates imaginary funds to make up for required overtime.
Principles of Managerial Accounting Paper
Need help with the concepts of a paper discussing the principles and concepts of managerial accounting. Below are the concepts that must be included.
These concepts must be discussed within the paper: an overview of managerial accounting and the business environment, cost term concepts and classifications; cost behavior analysis and use; cost-volume-profit relationships; variable costing (a tool for management); activity based costing (a tool to aid decision making); profit planning, standard costs and the balanced scorecard; flexible budgets and overhead analysis; relevant costs for decision making; financial statement analysis (how well am I doing).View Full Posting Details