Budgetary Planning
Operating Budgets
Financial Budgets
Budgeting in Nonmanufacturing Companies
Budgeting Basics
Budgeting Basics
01. Budgeting Basics
1. Budgeting and accounting
A budget is a formal written statement of management몶s plans for a specified future time period, expressed in financial terms
Accounting information makes major contributions to the budgeting process
Companies can obta