I have posted to questions below that needs to be answered. I have also included the eActivity site that needs to be viewed to answer the second question. Please use the same format when answering the question. Place the answer directly under the question. This assignment is due on Friday, February 28, 2014 @ 7:00pm, EST
Question 1:
“Allocation and Allotments” Please respond to the following:
- Examine and evaluate the disparity of New Jersey state budget allocation for education and property tax to the various localities.
- Based on your assessment, challenge or defend the equity of the system across the various localities.
Question 2:
“Variance Analysis” Please respond to the following:
- Recommend at least two strategies a budget analyst can apply to ensure that the budget is performing according to the established performance indicators. Justify your response.
- From the e-Activity on “Variance Analysis” propose at least two actions a budget analyst can take to avoid assumptions in budget items to avoid overlooking favorable or adverse line items in the budget. Provide examples to justify your response.
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eActivity: Watch the video titled “Variance Analysis”, (7 min 27 s), located at http://www.youtube.com/watch?v=NFu2iqmCnX4. Be prepared to discuss.
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