ssignment Questions 1. (A) Define budget. (B) List and explain the 4 types of do

ssignment Questions
1. (A) Define budget. (B) List and explain the 4 types of documents the budget can be viewed as. (C) List and explain the 4 types of budgets most departments have, including the characteristics of a capital budget.
2. (A) List & explain 6 purposes of a budget. (B) Define bottom-line philosophy.
3. (A) Explain in detail who or which section(s) are responsible for preparing the budget. (B) List 3 results of having all employees provide input into the budget decisions. (C) Where does budget development usually start. (D) List the 3 decisions to be made regarding budget requests?
4. (A) What demand is necessary in the budgeting process? (B) List and explain the 5 major steps/phases of the budget process.
5. (A) List and explain the 5 budgeting systems. (B) List and explain the 2 budget classes of expenses.
6. (A) Define variance analysis and identify 3 causes of variance. (B) List 3 activities that should be taken when variances are discovered. (C) Define cutback budgeting and list 8 factors causing cutbacks. (D) List 5 ways to do more with less. (E) List 5 actions noted in the PERF survey taken by police managers to lessen economic changes.
7. (A) List and explain 4 areas to creatively manage /identify cost problems. (B) List 3 common features of a successful Employee Suggestion Program.
8. List and explain in detail 8 ways to creatively reduce costs.
9. List and explain in detail 6 ways to increase revenue.
10. (A) What is the first step in writing a grant proposal? (B) List 6 aspects/efforts/considerations in writing a successful grant proposal. (C) List the 6 components of most proposals.

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