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- Process of designing, implementing and operating budgetsBudgeting is the process of designing, implementing and operating budgets1. Budgets are financial plans for a defined period, normally a year, that project revenues and expenses234. Budgeting is important for planning, coordinating and controlling different phases of business operations314. Budgets should contain estimates of revenue and expenses, assumptions, goals, and performance indicators4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Budgeting: Meaning, Purpose, Process and Principles
- Meaning of Budgeting: Budgeting is the process of designing, implementing and operating budgets. ...
www.yourarticlelibrary.com/accounting/budgeting-a…Budgeting refers to the process used by the companies in which the detailed projection of revenues and the expenses of the company for the future specific period of time are made considering the different internal as well as external factors prevailing at that time.
www.wallstreetmojo.com/budgeting/A budget is basically a financial plan for a defined period, normally a year that is known to greatly enhance the success of any financial undertaking. Corporate budgets are essential for operating at peak efficiency.
www.investopedia.com/terms/b/budget.aspBudgeting: Definition, Examples, Importance, Contents, And Preparation Processes
www.cfajournal.org/budgeting/ - People also ask
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