A budget is a quantitative expression of a plan for a defined period of time. It may
include ... A budget is the sum of money allocated for a particular purpose and
the summary of intended expenditu...
Illustration of the purpose of budgeting as a means of forecasting business
performance Budgeting is a critically important part of the business planning
Purpose of a budget. ... Why is it important? The purpose of the budget is to: 1. To
meet the legal requirement. 2. ... What is a City Budget? Purpose of a Budget ...
Definition of budget: An estimate of costs, revenues, and resources over a
specified period, reflecting a reading of future financial conditions and goals. One
A budget is a financial plan for the future concerning the revenues and costs of a
... are clearly defined – in particular the responsibility to adhere to their budgets ...
Dec 13, 2010 ... Many companies go through the budgeting process every year simply because
they did it the year before, ... What is participative budgeting?
A budget report is an internal report used by management to compare the
estimated, budgeted projections with the actual ... This serves two main purposes
Budgeting definition, an estimate, often itemized, of expected income and
expense for a given ... the total sum of money set aside or needed for a purpose:.
Budget definition, an estimate, often itemized, of expected income and expense
for a given period in ... the total sum of money set aside or needed for a purpose:.
Aug 11, 2016 ... The first and probably the most-used purpose of a budget is to help you gather
information for a business plan, including all the items and ...