Have you had any experience in developing or monitoring a budget, either for your employer or...

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Accounting

Have you had any experience in developing or monitoring a budget,either for your employer or for family? If so, please discuss yourexperience, both positive and negative. If you haven’t done anybudgeting, what are your thoughts now about it’s importance or lackthereof. Please write about not doing a budget. Should be around200-250 words.

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Please see below answer to the question and you will get the idea of it as follows Preparation of Budget Positive Experience Negative Experience Although the words limit was 250 but it is not possible to elaborate it in less word and i have tried to make it as simple as i can to make it more understandable Answer Yes the budget was prepared for global level submission So before starting positive and negative points let us first know what is the process for preparing the budget Process for preparing Budget Finance department needs to collect required Input from different departments in the company The department mainly includes below Human Resource This department will let Finance See Answer

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