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10_AdditionalStudyQuestions

10_AdditionalStudyQuestions - ACC 333(Farrell Class 10 Fall...

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ACC 333 (Farrell) Class 10 Fall 2011 Page 1 of 2 Additional Study Question Budgeting Scott Weidner, the controller in the Division of Social Services for the state, recognizes the importance of the budgetary process for planning, control, and motivation. He believes that a properly implemented process of participative budgeting will motivate his subordinates to improve productivity within each of their particular departments. Based on this philosophy, Scott has implemented the following budgetary procedures. 1. An appropriate target figure is given to each department manager. This amount represents the maximum funding that each department can expect to receive in the next fiscal year. 2. Department managers develop their individual budgets within the following spending constraints as directed by thee controller’s staff: a. Requests for spending cannot exceed the appropriate target. b. All fixed expenditures should be included in the budget. Fixed expenditures include such items as supplies and salaries at current levels. c. All government projects directed by higher authority should be included in the budget in their entirety. 3. The controller’s staff consolidates the requests form the various departments into one budget for the entire division. 4. Upon final budget approval by the legislature, the controller’s staff allocates the appropriation of the total budget to the various departments based on instructions from the controller. However, a specified
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10_AdditionalStudyQuestions - ACC 333(Farrell Class 10 Fall...

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