
PurposeThis financial skills activity looks at two methods of budgeting. You will have an opportunity to practice incremental budgeting and to consider some of the issues that need to be examined when zero-based budgeting is used. |
BenefitsDo you budget by looking at the past and projecting forward or by examining each item as an individual cost? This activity will help you choose. |
Related SolutionsAllocating Expenditure to Budgets Constructing a Simple Business Budget |
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AudienceFor line managers or those with financial responsibility in their jobs. |
Learning methodPractical exercises in developing an incremental and a zero based budget. |
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