Organizing budget data and chart of accounts

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Reference no: EM13489922

"Organizing Budget Data and Chart of Accounts" Please respond to the following:

•From the first e-Activity, discuss three (3) major government programs that impact federal spending and whether any of the programs can be realistically cut. Justify your response with examples.

"Budgeting 101" Please respond to the following:

From the second e-Activity, discuss three (3) challenges in the budget process. Justify your response with examples.

•From the third e-Activity, identify and explain your choices for reductions and increases. Discuss at least two (2) lessons you learned about the challenge of balancing the federal budget.

"Preparing the Operating Budget" Please respond to the following:

•From the e-Activities, discuss two (2) differences between Michigan's budget and your state budget in terms of budget process, financial reporting, and costs analysis (fixed costs, step-fixed costs, and variable costs). Justify your response with examples.

Discuss the pros and cons of forecasting over a five to ten (5-10) year period. Justify your response with examples.

"The Budget" Please respond to the following:

•From the first e-Activity, discuss four (4) governmental expenditures that you believe will have a significant impact on your local economy over the next year. Justify your response with examples

Discuss two to three (2-3) challenges an administrator may face when developing and reviewing proposals for budget cuts.

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Reference no: EM13489922

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