1. Define a budget and describe how management uses them.
2. Explain the concept of management control and how budgeting is used as part of it.
3. List sources of differences between budgeted and actual amounts.
4. Explain the budgeting process.
5. List the major types of budgets and describe how they are used.
6. Describe the convept of zero-based budgeting.
7. Explain how benchmarking is performed at the department level.

If you were the manager of a small independent physician group, how would you go about convincing the physician partners to adopt zero-based budgeting. What would you tell them to make them see things your way?