Compare and contrast the following styles of
budgeting: line-item budgeting, performance
budgeting, program budgeting, functional budgeting, and zero-base
budgeting....
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Accounting
Compare and contrast the following styles ofbudgeting: line-item budgeting, performancebudgeting, program budgeting, functional budgeting, and zero-basebudgeting. What are the strengths and weaknesses of each?
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Line item budgeting Lineitem budgeting offers decisionmakers an incremental or stepbystep approach to budgeting Budget makers can use a lineitem budget to make specific decisions such as changing funding levels of programs being phased out to provide money for new programs or making cuts to budgeted expenses because of changes in organizational policies StrengthEasy to Make Flexible control Control on small expenses WeaknessDifficult to
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