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If there is a limited amount of money, a budget is necessary. This means that a budget is almost always necessary.
The reason is that a budget keeps spending in control. By knowing how much money can be spent on one thing, such as clothing, one can know that there will be money left over to buy another thing, such as groceries.
What else can I help you with?
Why is the budget review process necessary?
The budget review process is necessary as it scrutinizes a particular budget. This is aimed at ensuring that the budget is correct and it represents the needs of an organization in the best way possible.
What is the budget or schedule that provides necessary input data for the direct labor budget?
production budget
Is a budget always necessary Why?
If there is a limited amount of money, a budget is necessary. This means that a budget is almost always necessary. The reason is that a budget keeps spending in control. By knowing how much money can be spent on one thing, such as clothing, one can know that there will be money left over to buy another thing, such as groceries.
Which budget is NOT necessary to prepare the budgeted balance sheet?
budget statement of cash flow
What is corporate budget?
capital budgeting necessary for a corporation
What is budget realignment?
It's modifying your budget in line with your necessary costs and incoming revenue. It's best to check and tweek your budget on an annual basis.
Why is it necessary to have a time-phased budget baseline for project management?
Having a time-phased budget baseline in project management is necessary because it helps in tracking and monitoring the project's progress over time. It allows for better control of costs, helps in identifying variances from the planned budget, and enables timely adjustments to ensure the project stays on track and within budget.
What percentage of England's budget is for education?
The percentage of England's budget for education is about 11%. This is aimed at providing all the necessary resources for the children to get a good education.
Why are budget necessary?
To make sure you don't run out of money at any point of the time.
How do you use the word recalculate in a sentence?
As a verb e.g. " It was necessary to recalculate the expense budget " .
Why is it necessary to have a time-phased budget baseline in project management?
Having a time-phased budget baseline in project management is necessary because it helps in tracking and monitoring the project's progress over time. It provides a clear roadmap for spending and helps in identifying any deviations from the planned budget, allowing for timely adjustments to be made to keep the project on track.
Why do congress has to approve the president buget?
The Congress has to approve the president's budget to provide checks and balances where necessary.
