answersLogoWhite

0

When a budget is in place and enforced the spending for a company is controlled. There is also a system of checks and balances in place to make sure the money is going where it needs to go.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is the second level of funds control used to control funds at the discretion of the Operating Budget Account Number manager?

fund summary record fsr


What is the second level of funds control used to control funds at the discretion of the operating budget account number oban manager?

fund summary record fsr


Fiscal and monetary tools used in year 2008 budget of Nigeria?

what are the fiscal and monetary tools used in year 2008 budget of nigeria


Why should you have a budget?

Budgets are tools for control and management. With the help of budgets company evaluates that how well its management has performed as well as budgets are used for performance measurement.


How is an operating budget related to a balanced budget?

An operating budget outlines the expected revenues and expenses for a specific period, typically one year, focusing on day-to-day operations. A balanced budget occurs when total revenues equal total expenses, meaning the organization does not incur a deficit. Therefore, an operating budget is a tool used to achieve a balanced budget by ensuring that planned expenditures do not exceed projected income. Ultimately, a balanced budget reflects effective financial management within the framework of the operating budget.


How is the flexible budget information used to evaluate performance?

The flexible budget report can be used to evaluate performance in two areas: production control and cost control.


How is the flexible budget report information used to evaluate performance?

The flexible budget report can be used to evaluate performance in two areas: production control and cost control.


What are operating system tools?

Operating system tools are used to carry out certain tasks on your computer and keep your computer running smoothly. Tools include disk defragmenter, disk scan and disk cleanup.


What are operating system tools used to customize the computer environment called?

Utilities


What is the name of the operating systemthat was used to control the first apple computer?

Based on the Unix Operating System.


What operating system are used to control and coordinate computers that are linked together?

NOS (Network Operating System)


What are the tools used by a quality control?

maybe one