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An organizational budget is a target in that it establishes boundaries for how much money could be spent on one particular area of department or competency. The budget may not be laid in stone but provides a guideline for how operations need to function in order to stay within a maximum goal of money spent

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Q: What is the meaning of 'the budget is a target'?
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What is the meaning of 'the budget is a target?

An organizational budget is a target in that it establishes boundaries for how much money could be spent on one particular area of department or competency. The budget may not be laid in stone but provides a guideline for how operations need to function in order to stay within a maximum goal of money spent


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