18 Feb 1. A budget systems model is the foundation from w
1. A budget systems model is the foundation from which budgeting systems can be used to evaluate the success of an agency or company. How are performance budgeting systems used to evaluate the efficiency and effectiveness of a human service agency? Why is this important?2. What budgeting system would you use if you were a manager of an organization? Would the industry make a difference?3. Budgets should be developed based on organizational goals. Programs that establish goals have a better chance of developing realistic budgets. How would you ensure that there is collaboration between fiscal and program staff?4. There are four forecasting techniques: simple moving averages, weighted moving averages, exponential smoothing, and time series regression. Briefly describe the merits of each one and identify the one you feel would be most beneficial in forecasting for a human service organization.
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