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A Discussant's Views of Computerized Budget Development, Distribution and Use

Published online by Cambridge University Press:  28 April 2015

William L. Brant
William L. Brant*
Affiliation:
Virginia Polytechnic Institute and State University, Blacksburg, Virginia
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Extract

These remarks relate to papers presented by Lampher, Krenz and Kletke. Budget development, distribution and use has always been a perennial concern of farm management personnel. However, as Lampher pointed out, many agricultural economists gave low priority to cost and return budgets in recent years. This is clearly a case of professionals abandoning one of the basic tools of their trade, thereby shortchanging agriculture and the profession. Fortunately, a return to the fold is in evidence with all the interest in cost of production.

The three papers indicated that there are major problems associated with developing cost and return budgets. Data input will always be a problem but it is not insurmountable. The problem, then, really involves defining procedures and techniques that minimize difficulties associated with data input.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 7 , Issue 1 , July 1975 , pp. 43 - 45
Copyright
Copyright © Southern Agricultural Economics Association 1975

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References

[1] “Management, Marketing, and Policy Implications of Cost and Return Budgets: Extension's Role in Formulation and Use,” prepared by Lanpher, Buel F..Google Scholar
[2] “The Firm Enterprise Data System—Capabilities, Limitations, and Applications,” prepared by Krenz, Ronald D..Google Scholar
[3] “The Oklahoma State University Budget Generator: Its Characteristics and Uses,” prepared by Kletke, Darrel D..Google Scholar