A budget in which each expense is separately accounted for, and placed on a separate line for readability and analysis. Line item budgets are useful for financial planning, cost reduction measures, and identifying potential sources of waste or fraud.
Related information about line item budget:
- What is line item budget? definition and meaning
Definition of line item budget: A budget in which the individual financial statement items are grouped by cost centers or departments. It shows the comparison ...
- The Advantages of a Line-Item Budget | Chron.com
Line-item budgeting offers decision-makers an incremental, or step-by-step, approach to budgeting. Budget makers can use a line-item budget to make specific ...
- Sample Line Item Budget format
Sample Line Item Formats (Original and Alternate O&M Budgets). Create a ONE MONTH budget for your recreation center. Please use this format. You may ...
- Line Item Budget template
LINE ITEM BUDGET TEMPLATE. PROP _____. Personnel Services. $. Classification. Hours Wage/Hour. Principal Engineer. $. Senior Engineer. $. Operating ...
- Chapter 3: Budgeting, Financial Accounting for Local and State ...
The line-item budget approach has several advantages that account for its wide ... However, to overcome its limitations, the line-item budget can be augmented ...
- Line Item Vs. Zero Based Budget Comparison - Yahoo! Voices ...
Sep 19, 2007 ... The line item budget should overall include all income and expense associated with the proposed project. This is a more traditional method of ...
- Public budgeting - Wikipedia, the free encyclopedia
Public Budgeting is a field of public administration and a discipline in the academic study thereof. Budgeting is characterized by its approaches, functions, ...
- How to Create a Line Item Budget | eHow.com
How to Create a Line Item Budget. Line item budgets help businesses, entrepreneurs and heads of households to track and monitor available funds, revenues ...