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Author Question: Budgets incorporate managements goals and (Read 88 times)

RODY.ELKHALIL

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Question 1

Describe the benefits of preparing an operating budget to an organization.

Question 2

Budgets incorporate managements goals and
◦ are a strategic long range  plan
◦ are both a short range and long range profit plan
◦ includes  only financial aspects of an operation as those are the only items that can be quantified in a profit plan
◦ express management's operating and financial plan for a specified period - usually a fiscal year


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Marked as best answer by RODY.ELKHALIL on Mar 6, 2021

sarajane1989

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RODY.ELKHALIL

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


kusterl

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Reply 3 on: Yesterday
Wow, this really help

 

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