Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
The main advantage of budgeting is that it will help you get a clear view over your finances. You will also be able to save money. However, budgeting can also bring a lot of extra stress and work.
Budgeting means making a financial plan about how much money to spend on specific items. You might say for example, I am budgeting a thousand dollars for snacks.
Some of the advantages of incremental budgeting are that this type of budgeting is easy and quick. Some disadvantages of incremental budgeting are that different methods for achieving the objective may not be considered and if the budget is not fully spent it can be reduced during the next period.
Zero based budgeting is a really good approach to planning and making decision which is the opposite of traditional budgeting. The term "zero-based budgeting" is sometimes used in personal finance to describe "zero-sum budgeting", the practice of budgeting every dollar of income received, andthen adjusting some part of the budget downward for every other part that needs to be adjusted upward.
The activity based budgeting will give a percentage of the budget to the sections that are the most used. Traditional just splits it all up evenly.
I do not see any disadvantages in budgeting because it is a positive way in tracking your money. However, the only disadvantage I see is that if the person budgeting does not know how to handle money.
The main advantage of budgeting is that it will help you get a clear view over your finances. You will also be able to save money. However, budgeting can also bring a lot of extra stress and work.
The merits of accounting is that it helps in budgeting. The disadvantage is that it includes a busy time especially during the tax season.
what does the process of budgeting encompass? what does the process of budgeting encompass?
budgeting that's rational
marketing budgeting
BUDGETING AND MARKETING OF WATER
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what are the objective of capital budgeting
objectives of capital budgeting
Meaning of Capital Budgeting
1) What is capital budgeting? What are its objectives?