(Answered) Exercise- line-item budgeting1what was the aggregate budget

Finance

Exercise- Line-Item Budgeting

1. What was the aggregate budget for all preconsolidation Adams County libraries?

2. Did you achieve the mandated 3 percent savings? If not, why not?

3. Assume that you are a member of the board of supervisors. What questions would come to your mind as you reviewed this line-item budget? Is there any information you would like to have that this budget does not contain?

4. In general, what are the strengths and weaknesses of the line-item format?

Attachment:- Exercise_Line_Item_Budgeting.pdf

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