Discuss how budgeting for nonprofits differs from budgeting


At least five sentences per answer. ORIGINAL work only.

1. Discuss how budgeting for nonprofits differs from budgeting for for-profit organizations. If you had the choice of budgeting for a nonprofit or a for-profit, which would you rather do the budget for? Why?

2. Discuss how budgeting for service organizations differs from manufacturing firms.

3. Is corporate budgeting a valuable tool or a necessary evil? Does your answer change if it is your personal budget?

4. Is ABB used where you work? If so, how? If not, do you think your organization would benefit from the use of ABB?

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Finance Basics: Discuss how budgeting for nonprofits differs from budgeting
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