Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. budgeting describe your company's annual budget pr

Budgeting Describe your company's annual budget process. What is your involvement in the process? What works well? What...

50.1K

Verified Solution

Question

Finance

Budgeting

Describe your company's annual budget process.

  • What is your involvement in the process?
  • What works well? What doesn't work?
  • If you were CEO/CFO, what changes would you make and why?
  • How would you communicate to employees the value that theprocess brings to the business?

Answer & Explanation Solved by verified expert
3.8 Ratings (618 Votes)
BUDGETING Budget is an operational plan for definite period usually a year Expressed in financial term and based on expected Income and expenditure Budget supplies the mechanism for translating fiscal objectives into projected monthly spending pattern It enhance fiscal planning and decision making It clearly recognizes controllable cost area It offer a useful format for communicating fiscal objectives Annual Budgeting Process Here    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Alternative-Fueled Vehicles The table shows the numbers (in thousands) of alternative-fueled vehicles A in use in the United...

Mechanical Engineering
1.2K views

Consider a steam power plant that operates on a reheat Rankine cycle and has a net...

Basic Math
1.2K views

An experimenter is investigating the effects of noise on the performance of a tracking task. The...

Basic Math
1.2K views

K Determine whether the following pair of sets is equivalent Justify your answer 2 4...

Statistics
1.2K views

Question 1 What is the purpose of the random assignment of treatments to subjects in...

Calculus
1.2K views

Find and classify all the critical points of the function f x y x 2...

Algebra
1.2K views

4 Question 4 25 points The function w x x 3x is shown in the...

Accounting
1.2K views

ans please By using Accounting Equation, find out...

Accounting
1.2K views

Estimate what the proper balance of the allowance for doubtful accounts should be as of...

Accounting
1.2K views

Refer to the data below. Retained earnings, December 31, 2016 $ 692,800 Cost of buildings...

Accounting
1.2K views

Q. Introduce a company or business that is a customer-focused organization. What are their strategies...

Finance
1.2K views

John Bordy owns 2,200 units of the DRC Growth Fund, a mutual fund trust. These...