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colleen colleen
wrote...
Valued Member
Posts: 17076
12 years ago
Explain the potential pitfalls in budgeting that criminal justice administrators must recognize.
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Sunshine ☀ ☼

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wrote...
Staff Member
12 years ago
Placing too much emphasis on relatively insignificant organizational expenses. In preparing and implementing a budget, managers should allocate more time to deal with significant organizational expenses and less time for relatively insignificant ones.
•   Increasing budgeted expenses year after year without adequate information. Perhaps the best-known method developed to overcome this potential pitfall is zero-based budgeting.
•   Ignoring the fact that budgets must be changed periodically. Administrators must recognize that factors such as the cost of materials, new technology, and demands for services are constantly changing and that budgets should reflect that by being reviewed and modified periodically.
- Master of Science in Biology
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