This paper discusses budgeting: Purpose, techniques & benefits of monetary control and planning in organizations.
Written in 1990; 1,575 words; 6 sources; $ 55.95
From the Paper:
"All organizations are constrained by a scarcity of resources. Government and private industry alike must determine in which activities to participate, and how much money should be allocated to those activities. In order to make these determinations, the annual budget is developed. Developed for individual departments, divisions, subsidiaries and the company as a whole, budgets enable organizations to allocate resources across alternative uses. Analyzing where budgets fail provide managers with tools to hone the planning process. Properly implemented, budgets become a key part of the planning process. This research focuses on what budgets are, how they are developed, the advantages to using a budget, and how budgets fit into an organization's overall plan.
A simple budget lists various activities and the dollar ... "
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