Does the setup of the components

Assignment Help Accounting Basics

Reference no: EM133538146

Question: Does the setup of the components/categories on these budget sheets help you to see the financial status of the childcare centers? Explain your answer.
Which category/component listed on both sheets is more important to keep track of from month to month? Explain.
Are there other categories/components that you would add/identify to at least one of these budget sheets? Explain your answer.
Do either of these budget sheets account for emergency situations? Explain.
What line items/components would you consider for cutting expenses on the "Felton Family Preschool Monthly Budget?" Explain.
Are there revenue possibilities not being explored/listed on either budget sheet? Explain.
Are there expense categories missing on the "Sample Child Care Center Budget?" Explain.
Are these balanced budgets? Explain.

Reference no: EM133538146

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