Flashcards
Ch. 4 Types of budgets - short answer
Cards in this deck (6)
- 1Zero-based budgetingAn administrative budget that requires unit directors to justify every expense without reference previous spending patterns.
- 2Fixed budgetingRequires an ATC to project both expenditures and program income on month-by-month basis to determine total program costs and revenues for the fiscal year
- 3Variable budgetingRequires that expenditures for any given time period to be adjusted according to revenues for the same period.
- 4Lump-sum budgetingA parent organization provides and ATC with a fixed sum of money and the authority to spend that money any way he sees fit.
- 5Line-item budgetingRequires the ATC to list anticipated expenditures for specific categories of program subfunctions.
- 6Performance budgetingBreaks the function of a sports medicine program into discrete activities and appropriates the funds necessary to accomplish these activities