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Letter of Introduction

Dear Respondent,

Greetings, we are the 3rd year students from the School of Accountancy and Management major
in Management Accounting. The group is conducting a research entitled Challenges of Budget
Planning and Implementation in selected schools/colleges in Centro Escolar University.

Your participation in this research project is completely voluntary. The information you give will
be treated with strict confidence and will be used for academic purpose only.

Thank you in advance for your cooperation.

Sincerely yours,

Corrected by: Approved by:

Business Research Adviser Dean, School of Accountancy and Management

Name (Optional): __________________


School/ College: __________________
Age: _____
Gender: ___ Male ___Female
Position:___Dean ___Budget Director
____Assistant Dean ___Special Assistant to the Dean
____Coordinator ___________Others (pls. specify)

Instruction: Put a check on the space ___Coordinators __________Others


provided that corresponds with your answer.
Your honest response will be most
appreciated.
4. What are the challenges faced by the
1. What type of budget do you prepare? school/college? (multiple responses)

___Operating budget ___Insufficient funds allocated to


___Capital budget school/college
___Cash flow/ cash budget
___Revenue budget ___Budget contains uncertainty hinders
_________________Others (pls. specify) effective implementation

2. How often do you do budget planning? ___Inability of user to utilize allocated funds

___Quarterly ___Budget process is inefficient and dull


___Semi-annually that may become volatile before
___Annually implementation
_________________Others (pls. specify)
___New reforms in budgeting guidelines
3. Who participates in the preparation of keep on changing and come with new
the budget proposal? set of rules which take time to learn and
can be a challenge to budget
___Dean ___Student implementation
___Head of the Program ___Alumni
___Coordinators __________Others
5. Using a rating scale of 1 to 5 please indicate the importance of the statement on the budget
implementation:

5 Strongly Agree 2 Slightly Disagree


4 Moderately Agree 1 Strongly Disagree
3 Agree

5.1 Budget planning and implementation 5 4 3 2 1

1. The school/ college reviews the budget guidelines prior


to preparing budgets

2. All staff participates in budget preparation and


discussion within their department

3. There is proper communication during the process of


budget preparation

4. Coordination among the various departments during


budget execution is achieved

5. The school/ college execute its projects and estimates


within the stipulated deadline

6. The costs of activities and functions of the school/


college are constantly reviewed

7. The school/ college put priorities for the coming annual


budget conference and committees

8. Budgets are used as a basis for effective revenue and


costs control

9. Budgets allow for systematic reporting and monitoring


of performance

(Any additional comments you would like to provide on budgeting)

_____________________________________________________________________________________
_____________________________________________________________________________________

Thank you for your time and cooperation. God Bless

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