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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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