Page 152 - Budgeting for Managers
P. 152
Budgetary Spending
period? To place a purchase order? To pay an invoice? To
get a check cut? To handle petty cash?
❏ Do you have control of a block budget, or a line-item
budget? If it’s a line-item budget, what do you have to do
to get money moved from one line to another? 135
❏ Are you responsible for salaries in your department? Do
you think you should be?
❏ Is anyone on your team authorized to spend money from
the budget? How do you manage and oversee those
expenditures? Are you helping team members learn to
take responsibility for managing the company’s money?
