Evaluation of Activity-Based Budgeting in Enhancing Cost Efficiency in Birnin Kebbi LGA
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Background of the Study
Activity-Based Budgeting (ABB) is an advanced budgeting method that allocates costs based on the activities that drive costs, rather than simply on broad cost categories. In Birnin Kebbi LGA, which has numerous government and local community projects, the application of ABB could lead to more accurate cost allocation and improve overall cost efficiency in the allocation of resources. This study seeks to evaluate how ABB can enhance cost efficiency in public sector projects and improve financial performance at the local government level in Birnin Kebbi LGA.
Statement of the Problem
Despite the growing need for cost efficiency in public sector budgeting, many local governments, including Birnin Kebbi LGA, still rely on traditional budgeting techniques that do not adequately reflect the actual cost drivers in their operations. As a result, cost misallocation, inefficiency, and budget overruns occur. This study aims to evaluate the effectiveness of Activity-Based Budgeting (ABB) in improving cost efficiency and ensuring better resource allocation in Birnin Kebbi LGA.
Aim and Objectives of the Study
Aim: To evaluate the impact of Activity-Based Budgeting on cost efficiency in Birnin Kebbi LGA.
Objectives:
- To examine the current budgeting practices in Birnin Kebbi LGA and identify areas for improvement.
- To assess the role of Activity-Based Budgeting in improving cost efficiency in local government operations.
- To identify the challenges in implementing ABB and suggest ways to overcome them.
Research Questions
- What are the current budgeting practices used in Birnin Kebbi LGA?
- How does Activity-Based Budgeting contribute to cost efficiency in Birnin Kebbi LGA?
- What challenges are faced by Birnin Kebbi LGA in implementing Activity-Based Budgeting?
Research Hypothesis
- H₀: Activity-Based Budgeting does not significantly improve cost efficiency in Birnin Kebbi LGA.
- H₀: There is no significant relationship between the application of ABB and cost efficiency in local government projects.
- H₀: The challenges faced in implementing ABB do not affect the overall financial performance of Birnin Kebbi LGA.
Significance of the Study
This study will contribute to a deeper understanding of Activity-Based Budgeting and its potential to improve cost efficiency in local government operations. It will provide recommendations for adopting ABB in Birnin Kebbi LGA to optimize public sector expenditure.
Scope and Limitation of the Study
The study will focus on public sector budgeting in Birnin Kebbi LGA, specifically assessing the use of Activity-Based Budgeting. Limitations may include the availability of financial data and the cooperation of local government officials in providing information.
Definition of Terms
- Activity-Based Budgeting (ABB): A budgeting method that allocates costs based on the activities that consume resources within an organization.
- Cost Efficiency: The ability to maximize outputs while minimizing input costs.
- Public Sector Operations: Activities conducted by government entities at the local, state, or national level.
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