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  • Name Noralden

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    The document describes a student's proposed budget of PHP500 for expenses over one week. The student lists two choices: Choice 1 allocates PHP100 per day and budgets for transportation and meals each morning and afternoon; Choice 2 allocates PHP70 per day and budgets lower amounts for daily transportation and some meals. The advantages of budgeting are effective allocation of resources and avoidance of overspending. The disadvantages are potential inflexibility, time needed for monitoring, and possible conflicts between budget areas.

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    The document describes a student's proposed budget of PHP500 for expenses over one week. The student lists two choices: Choice 1 allocates PHP100 per day and budgets for transportation and meals each morning and afternoon; Choice 2 allocates PHP70 per day and budgets lower amounts for daily transportation and some meals. The advantages of budgeting are effective allocation of resources and avoidance of overspending. The disadvantages are potential inflexibility, time needed for monitoring, and possible conflicts between budget areas.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    1 views2 pages

    Name Noralden

    Uploaded by

    noraldengal08
    The document describes a student's proposed budget of PHP500 for expenses over one week. The student lists two choices: Choice 1 allocates PHP100 per day and budgets for transportation and meals each morning and afternoon; Choice 2 allocates PHP70 per day and budgets lower amounts for daily transportation and some meals. The advantages of budgeting are effective allocation of resources and avoidance of overspending. The disadvantages are potential inflexibility, time needed for monitoring, and possible conflicts between budget areas.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    Name: Noralden Sihawie

    Grade & Level:12 - CRISPR

    Given Php500.00 as your allowance for the whole. Week. How will you allocate your badget for your
    expenses for the week? List you choices and describe the advantage and disadvantages of each choice.

    Choice 1

    DAYS BUDGET EXPENSES

    100 AM PM

     P 40.00- fare  40.00- fare


     P 10.00- recess

    100  40.00- fare  20.00- fare


     10.00- breakfast  30.00- Clay

    100 CLASS SUSPENDED CLASS SUSPENDED

    100  40.00- fare  40.00- fare


     5.00- Snack

    100  20.00- fare  20.00- fare


     30.00- print

    DAY EXPENSES

    P 70.00 AM PM

     20.00- fare  20.00- fare


    70.00  20.00- fare  20.00-fare
     10.00- breakfast

    70.00  20.00- fare  20.00-fare

    70.00  20.00- fare  20.00- fare


     10.00 -Snack

    70.00  20.00- fare  20.00- fare

    ADVANTAGE: The Advantage of DISADVANTAGE: The Disadvantage of this is that a


    budgeting is that you can allocate budget could be inflexible,and not allow for unexpected
    resources effectively and avoid circumstances. Creating and Monitoring can be a time
    consuming. Budgeting could create competition and
    overspending. This can help you
    conflict between teams or departments.
    maximize profits and reduce waste.

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