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Unit 7: Budgeting
7.9 Review Questions Notes
1. List the different methods of preparing library budgets.
2. What are the factors to be considered in library budgeting?
3. Describe the purpose of Budgeting.
4. Explain the features of Zero-base Budgeting in five or six lines.
5. Mention the steps involved in preparation of ZBB.
6. State what a library budget is along with its attributes.
7. Explain the principles of Budgeting.
8. Why do we need a budgetary control system?
9. What do you understand by encumbering funds?
10. Define budgetary control.
Answers: Self Assessment
1. Budgeting 2. formalized
3. spending 4. historical
5. Programme 6. performance
7. parent 8. budgeting
9. budget 10. librarian
11. Padding 12. budgeting
13. librarian 14. plan
15. excess 16. Encumbering funds
17. Budgetary control
7.10 Further Readings
Books C. K. Sharma, Kiran Singh. 01-Jan-2005. Library Management (Vol 1), Atlantic
Publishers & Distributors.
D. K. Pandey. Jan, 2004. Library and Information Science. Atlantic Publishers &
Distributors.
Richard E. Rubin. Third Edition. Foundations of Library and Information Science.
Neal-Schuman Publishers New York London.
Online links http://doug-johnson.squarespace.com/blue-skunk-blog/2012/1/23/effective-
library-budgeting.html
http://www.webpages.uidaho.edu/~mbolin/oyelude-ola.htm
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