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Financial Management

Using the template provided, prepare a one year working budget for a educational department( health education for example). If you wish to add additional line items to the template, please feel free to do so.

Outcome:
Demonstrate knowledge of budget preparation and risk management in higher education.

Learning Objectives:
1. Prepare and submit a one year departmental budget for an educational institution.
2. Evaluate a departmental budget for an educational institution.

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The response addresses the queries posted in 394 words with references.
//In this paper, we will learn about the budget of an educational institution. Budget is the control tool of an organization. In this assignment, we will discuss the expense budget and how can difference arise between the actual expenses and the budgeted expenses. You are free to do more additions. //

Budget is a list of projected expenses and revenues of an organization. There are various kinds of budgets, such as the revenue budget, expense budget, operating budget and the master budget. Prepaid budget is an expense budget. In ...

Solution Summary

The response addresses the queries posted in 394 words with references.

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