Budgeting means stating the objectives in numerical and financial terms
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A budget is a statement of expected results stated in numerical terms. A budget can be seen as an economic plan for a given period of time. Budgeting is the process of preparing budgets. Budgeting is essentially a managerial process concerned with planning, co-ordination and control.
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A budget is a statement of expected results stated in numerical terms. ... A budget can be seen as an economic plan for a given period of time. Budgeting is the process of preparing budgets. Budgeting is essentially a managerial process concerned with planning, co-ordination and control.
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