Purchase Solution

This post addresses the attributes of performance budgeting.

Not what you're looking for?

Ask Custom Question

Performance budgeting has been attempted at the local level in recent years. Address the issues of performance budgeting while answering the following questions: What attributes of performance budgeting make it particularly suitable to local government budgeting? Will the same attributes be as useful at the federal level?

Purchase this Solution
Solution Summary

This solution explains which attributes of performance budgeting make it particularly suitable to local government budgeting, and if the same attributes are as useful at the federal level.

Solution Preview

Performance budgeting has become a very popular choice at the local level for two main reasons - 1) accountability, and 2) transparency. When we discuss performance budgeting, what we're focusing on is the fact that each organizational unit or segment is self-reporting. We therefore automatically have a greater accountability. This turns into a situation where the public and really all of the users of the local entity's financial statements are able to trace the exact source of ...

Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

View More Free Quizzes
Related BrainMass Solutions

  • Managerial Behavior Highest Standard of Performance

    Think about your personal attributes and how you can capitalize on those attributes in management responsibilities. The Washington Post article "Top Ten Management Mistakes" addresses some errors in judgment a manager can make.

  • Cash Budget Development

    145239 Cash Budget Development Attached, is a post containing an MS Excel spreadsheet containing a Cash Budget for the Cyrus Brown Manufacturing Company, which addresses in particular the area of cash budgeting, and cash budget development.

  • Presentation

    Give 2 examples of possible populations for this test. The attached will assist you further with your studies and give you a better understanding of the subject. The presentation addresses the information in your post.

  • Consumer Decision-Making Process

    As consumer is trying to resolve his problem, it is assumed that he will rationally look out for problem solving benefits of the product or set of attributes that best addresses his or her needs and wants.

  • financial accounting and managerial accounting

    Personnel decisions also are sensitive to segment performance. The management accountant is involved in determining the appropriate measures to include in reports that are used for this evaluation.

  • Elements of the consumer decision-making process

    As consumer is trying to resolve his problem, it is assumed that he will rationally look out for problem solving benefits of the product or set of attributes that best addresses his or her needs and wants.

  • Lawrence Sports Working Capital Policy

    161035 Lawrence Sports Working Capital Policy Create a working capital policy for Lawrence Sports that addresses their cash management needs for the long term. a. Compare Lawrence Sports' use of cash budgeting to the purpose of cash budgeting.

  • Direct Foreign Investment

    After the thorough review of your post, it has identified that the presentation to this question is quite logical and coherent as initially a concept of capital investment was depicted prior to describing the capital budgeting steps.

  • Favorable, unfavorable variances and flexible budgeting

    Post some strong opinions on the pros and cons of Flexible budgeting--your own opinions and opinions from articles you have read.

View More Related Solutions