Purchase Solution

Incremental budgeting

Not what you're looking for?

Ask Custom Question

I am having trouble finding information for the following question below. Please explain the question in 250-300 words and provide a reference.

Discuss the advantages and disadvantages of incrementalism in budget preparedness.

Purchase this Solution
Solution Summary

This solution provides a review of incremental budgeting and the advantages and disadvantages of the process.

Solution Preview

I have outlined a response for you. There are additional thoughts and examples you can add to complete the assignment. Please add them as they pertain to your class and own experience.

Discuss the advantages and disadvantages of incrementalism in budget preparedness.
Incrementalism is concerned where budgets are funded based on the previous budget with little effort. One reason is that the company or public organization does not spend a lot of time on the budget. Another is when the organization does not see the value in creating a budget from research when the last one is available for use. The organization can make adjustments where necessary and finish the process quickly.

Advantages to this type of budgeting process are reasonable. There is the simplicity of ...

Purchase this Solution
Free BrainMass Quizzes
Canadian Politics

A brief look into various aspects of Canadian Politics.

View More Free Quizzes
Related BrainMass Solutions

  • Types of Budgeting Models

    The conclusion discusses the appropriate use of rational or incremental budgeting.

  • This post explains incremental, zero, and activity budgeting

    469909 This post explains incremental, zero, and activity budgeting 1. Explain differences between incremental budgeting and Zero Based Budgeting. 2. Explain Activity Based Budgeting. 1.

  • Budgeting with Incremental or Zero-based Budgets

    500531 Budgeting with Incremental or Zero-based Budgets 1)What is the difference between two types of line-item budgeting approaches: incremental budgeting and zero-based budgeting? Which of the two approaches is more widely used by governments?

  • Rational Approaches and Incremental Approaches Budgeting

    450199 Rational Approaches and Incremental Approaches Budgeting Distinguish between rational approaches and incremental approaches budgeting. What are the challenges of state and local budgeting.

  • Capital budgetings

    143927 Capital budgeting Why is it important to identify the incremental cash flows in the context of calculating the NPV for capital budgeting purposes? Are you ready to put your knowledge to test by working on the following exercise?

  • Capital Budgeting - Estimating Cash Flow

    Running Head: Capital Budgeting Short Summary on Capital Budgeting Capital Budgeting Verizon wireless is building a data center in Niagara Country NY and the required initial investment is $2.5 billion that is divided into different investment

  • Accounting 5

    d. will incur an incremental profit of $10,000. 18. Which of the following is a true statement regarding the net present value method in capital budgeting? a. It calculates the present value of future cash flows. b.

  • Capital budgeting considerations

    197764 Capital budgeting considerations Capital Budgeting Considerations A major college textbook publisher has an existing finance textbook.

  • Comprehensive Analysis Compared to Incremental Analysis

    This solution compares and contrasts incremental and comprehensive analyses.

View More Related Solutions