Difference between revisions of "Budget"

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According to [[Management by Robbins and Coulter (14th edition)]],
 
According to [[Management by Robbins and Coulter (14th edition)]],
 
:[[Budget]]. A numerical plan for allocating resources to specific activities.
 
:[[Budget]]. A numerical plan for allocating resources to specific activities.
 +
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
 +
:[[Budget]]. Quantitative expression of a plan that helps managers coordinate and implement the plan.
  
 
[[Category: Management]][[Category: Articles]][[Category: Accounting]]
 
[[Category: Management]][[Category: Articles]][[Category: Accounting]]

Latest revision as of 16:13, 12 July 2020

Budget is a numerical plan for allocating resources to specific activities.

Definition

According to Management by Robbins and Coulter (14th edition),

Budget. A numerical plan for allocating resources to specific activities.

According to Managerial Accounting by Braun, Tietz (5th edition),

Budget. Quantitative expression of a plan that helps managers coordinate and implement the plan.