budget

Essay specific features

 

Issue:

English

 

Written by:

Ruth W

 

Date added:

January 26, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1869

 

Was viewed:

9014 times

 

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Essay content:

Budget is there in everyone's life, it may be a small or a big one. Budget is a tool which helps in controlling and planning the functions of an organization. It is formalized statements of the goals of an organization stated in financial terms and accomplishes several important functions for managers...
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It states future projections of revenues, expenses and expected profits. Planning, evaluating performance, co-ordinating activities, implementing plans, communicating, motivating and authorising actions are the main functions of a budget. The budget period depends upon the action plan; it might be for a short or long duration...
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