. Types of budgets employed by the organization (operating, capital, cash, statistical, FTE, etc.)

2. Is the budget development process top-down, bottom-up or a combination?

3. At what levels in the organization are the budgets developed? Which types of leaders participate in the process?

4. Method used incremental (historically based on prior year's expenses), zero-based, or other?

5. What is the budget period (what "fiscal year" is used)?

6. What negotiations take place in the finalization of the budget?

7. At what levels in the organization are budgets managed? To whom are budget monitoring reports issued? How are budget variances handled?

8. Compare what you have learned from your exploration with what has been discussed in class to determine if the process at the employment setting is effective? Can anything be done to make your organization's budget development process more effective?