The first step in developing either a functional or program budgeting system is the creation of a line-item budget that identifies all anticipated revenues and proposed expenses. The second step in the process includes which of the following:

Question

Quizplus · Accepted Answer

Estimating the cost per unit of service is crucial as it allows for the allocation of resources based on the anticipated expenses related to specific services or activities, which is a fundamental aspect of both functional and program budgeting systems.

The First Step in Developing Either a Functional or Program