Controversial expenditures

Assignment Help Financial Management
Reference no: EM132570921

Discussion : Controversial Expenditures

Controversy and money often go hand-in-hand, and when paired with public dollars and budgets, the topic becomes even more complicated. Despite controversy, there are times that it is necessary to fund a project or service that may not be politically or publically popular. Identifying and justifying controversial budget issues are useful skills in any role where you may be responsible for a budget. Is the decision to fund a project ultimately for the public good? Did the choice to spend money in one area over another become the lesser of evils? Is the spending necessary due to laws or regulations to provide funds for something for which it is difficult to be sympathetic? As resources become scarce, it becomes even more challenging to justify a controversial project, and yet managers and administrators are asked to do this as a regular part of their job. The ability to be convincing and create a strong and favorable argument in support of a controversial project may be one skill that will keep you on the job and make you an invaluable team member.

To prepare for this Discussion:

1. Review the article "Experience, Attitudes, and Willingness to Pay for Public Safety" and consider how public attitudes and experience with public services influence the public's willingness to fund them.

2. Review the "Activity Statements" document located in the Learning Resources and consider the various types of expenditures that might be viewed as controversial.

3. Select one controversial expenditure from the "Activity Statements" document to use in this Discussion.

4. Think about an argument you might develop to convince the voting public to add this expenditure to the state budget.

Reference no: EM132570921

Questions Cloud

Would a unit increase in consumer income : Would a unit increase in Consumer Income (x1) result in an increase of 3.36 units in Demand (y), on average?
Compute what is npv profile : Compute What is NPV profile? Illustrate using graph. Do you agree that NPV rankings depends on the cost of the capital? Illustrate with example.
Prepare journal entries for Lake Company to record events : Prepare journal entries for Lake Company to record all the events noted above assuming sales and receivables are entered at gross selling price
Describe the ethical issues the case raises : Review Wilkinson's (1997) defining attributes and describe how the NPR podcast, If You Have Dementia, Can you Hasten Death As You Wished? case story meets.
Controversial expenditures : Review the "Activity Statements" document located in the Learning Resources and consider the various types of expenditures that might be viewed as controversial
Discuss how any business-industry-consumer category : Discuss how ANY business, industry, consumer category (the topic can be one other than sports) can use emotion and technology
Find why do subtract depreciation in calculation of ebiat : Find Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flow formula?
Which internal revenue code section spells out tax treatment : Which Internal Revenue Code Section spells out the tax treatment for landlords (lessor) when they have improvements made by their tenants
Discuss the characteristics of social use : Discuss the characteristics of social use, abuse, dependence for these there identified drugs of abuse. Identify the psychopharmacological effects of these.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd