EDUCATION UGC NET
SCHOOL AND CLASSROOM MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Non development expenditure
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Development expendciture
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Both (A) and (B)
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None
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Detailed explanation-1: -A school budget is a fiscal managerial document used to plan for the projection of expenditures that will be incurred during a designated period of time.
Detailed explanation-2: -Budgeting is a formal way of communicating plans, objectives and budget goals to various responsibility centres (units i.e., persons incharge of operations to be undertaken). It helps in communicating the plans of the school and the means to achieve thkm to the concerned persons.
Detailed explanation-3: -Annual Education Sector Budget provides information on the intended resource allocation in the sector. Generally, it is coded by expenditure items such as salaries, allowances and school budgets. Further analysis may be required to translate this into sub-sectoral or programmatic allocations.
Detailed explanation-4: -A budget is a financial plan for allocating resourc-es-deciding how much the Federal Government should spend in total, program by program, and for the parts of each program and deciding how to finance the spending.