To make sure expenses are below income
Keep their expenses below their income.
it is increasing the incremental cash flow
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
Budgeting is finding out if you make enough money to live on. You can create a budget by making a list of expected expenses. Then write down how much you spend on each expense a month. Subtract the total of expenses from your income.
When budgeting for your immediate needs, you should divide them intoA.immediate and discretionary expenses.B.fixed and immediate expenses.C.discretionary and fixed expenses.D.fixed and intermittent expenses.
Mental Budgeting
Budgeting that determines the costs and expenses put towards sound. whatever that may be.
To make sure expenses are below income
Zero-based budgeting is a method of budgeting where all the expenses have to be justified for each new period. This method starts with a zero base and all the functions in a company are analyzed for costs and needs.
May lead to a drop in marketing expenses when the firm wants to maintain or expand sales
Keep their expenses below their income.
it is increasing the incremental cash flow
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
When budgeting for your immediate needs, you should divide them into
Budgeting in any organisation must be controlled at every level, and for large corporate organisations this is vital to their economic stability. The corporate budget should reflect the actuality of the departmental forecasts.
the 3 factors that influences a budget are unexpeted income, unexpected expenses and inflation...