Understanding Management (MindTap Course List)
Understanding Management (MindTap Course List)
10th Edition
ISBN: 9781305502215
Author: Richard L. Daft, Dorothy Marcic
Publisher: Cengage Learning
Question
Book Icon
Chapter 15, Problem 1SL
Summary Introduction

To discuss:

If I spend all my money as soon as I get it.

Introduction:

Budgeting is the basic need of any business or personal finance. Budgeting enables the person or business to plan its revenue and expenditure. Budgetary control is the most useful method of managerial controls, which helps in setting standards for revenue and expenses and analyzing the performance on the basis of standards. The comparison of standards with actual is called variances analysis.

Blurred answer
Students have asked these similar questions
I need help with answering the following  What are the best and worst traits of leaders that I will work with at Blue Cross Blue  Shield ? How would these traits affect your productivity and engagement? What is more important for leading people: hard knowledge of the area you are running or soft people skills? What leadership skills do researchers value the most within the health care sector?
do fast.
do fast
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Text book image
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning