Budget Development

Budget Development Overview If your organization makes frequent business transactions, one of the tasks you face as a manager is budget preparation. A budget is a tool used for planning and controlling financial resources. It guides your future plan of action in financial terms within a set period of time. A budget does not have to be complex; however, it should support the organization’s strategic plan. We will need resources to achieve our goals and objectives. For this assignment, you will focus on the operating budget. An operating budget shows the company’s projected revenue and associated expenses for an upcoming period—usually the next year. An operating budget starts with revenue and then shows each expense type. This includes variable costs—or the costs that vary with sales—such as the cost of raw materials and production labor. The operating budget includes fixed costs, such as the monthly rent on office space or the monthly payment for a photocopier lease. The budget also includes operating expenses, such as interest on business loans, and the noncash expense of depreciation. These items enable the company to compute its projected net income and net profit percentage. Instructions Imagine you are the health care administrator for a nonprofit clinic, home health agency, or outpatient surgery center. Your first task is to locate the strategic plan for that organization or determine its strategic direction through the vision statement, mission or purpose statement, and strategic priorities or goals. You will also need the audited financial statements for the organization. Using the information from your research, develop a one-year operating budget for the chosen entity, which will include operating revenues and expenses. Include a 1–2 page document to justify the approach you use in constructing the operating budget with the strategic plan or strategic direction. Upload the strategic plan or strategic direction and audited financial statements as an attachment or include the Web link. Complete your operating budget using Excel. Support your work with at least three quality references, one being your course textbook. These should be cited per the Strayer Writing Standards.  This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. The specific course learning outcome associated with this assignment is: Develop a budget for a department within a healthcare organization.

Struggling to find relevant content? Order a custom essay on
Budget Development
Let our experts save you the hassle
Order Now
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
ENVIRONMENT SCIENCE
EXCELLENT
Customer 452813, June 19th, 2022
DISCUSSION D SCIENCE 210
GREAT
Customer 452813, June 28th, 2022
Other
AWESOME
Customer 452813, June 21st, 2022
Social Work and Human Services
Excellent Work
Customer 452587, November 22nd, 2021
Nursing
Thank you for helping with my assignment.
Customer 452707, July 8th, 2022
Other
GOOD
Customer 452813, July 10th, 2022
Nursing
Great! Thanks again!
Customer 452707, July 4th, 2022
Other
AWESOME
Customer 452813, June 25th, 2022
Database design and optimization
thanks for busting this out so expeditiously. I hope that I get a good grade.
Customer 452715, February 19th, 2022
ENG 099
Excellent Paper. The only 100 in the class.
Customer 452775, July 19th, 2022
Professions and Applied Sciences
Thank you!
Customer 452707, March 4th, 2022
Wellness
The skilled writer did a GREAT job!! Amazing .Thank you!
Customer 452547, June 16th, 2021
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
error: Content is protected !!

Save More. Score Better. Use coupon code SPECIAL for a 15%discount