FIU Psychology Discussion

Description

Developing Line-Item, Functional, and Program Budgeting Systems

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

Establishing and creating a budget is crucial for successful program development and implementation. Chapter 13 examines three different program budgeting systems. A line-item budget identifies all anticipated revenue and proposed expenses.

Please respond to the following:

List and define budget categories in a line-item budget.
- Describe the importance of having a line-item budget. Use your text to support your answer.
After reviewing Chapter 13, determine a program structure for the new program described in the case example.
What direct cost is associated with human services programs? What is indirect cost?
- Explain the importance of knowing the total cost (indirect and direct) of a human services program.
Describe the total direct cost methodology, the direct labor cost methodology, and the direct labor hours methodology.
- In your opinion, which cost allocation methodology is best? Explain your answer using your text or other resources to support your response.