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A budget can be useful in setting standards of performance, effectiveness and efficiency for the development of the economy in a country. Budget management is an essential tool for the good management of funds. It allows to identify the charges and projected incomes of the company, according to the defined objectives and to compare them later with the reality.
Budget helps to aid the planning of actual operations by considering how the conditions might change and what steps should be taken. Budgetary management is important in the economic development for the following reasons:
· To control resources
· To evaluate the performance
· To provide visibility
· For accountability
· To stay on track with the plan
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The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
Role of large scale industries in the development of Indian economy?
Role of large scale industry?
What are the role of technopreneurship in economic development?
1. It contributes to the growth of the economy.
What role does insurance play in the economic development of nigeria?
Insurance plays a very significant role in the economic development of Nigeria. With the insurance covers, more people are able to take the risk on investment which greatly boosts the economy.
What was the role of the factor in the southern economy?
what was the role of the factor in the southern economy
The role of banks in the Nigerian's economy?
the role of commercial banking in the development of nigerian economy
What are the Role of commercial banks in economy development of Afghanistan?
what is banking role in afghanistan economic development
The role of banks in the Nigerian?
the role of commercial banking in the development of nigerian economy
Describe the Role of management in software development with example?
main role of management is to keep software development carry on. also it is important to keep the track of changes and make as required.
Role of large scale industries in the development of Indian economy?
Role of large scale industry?
What are the role of technopreneurship in economic development?
1. It contributes to the growth of the economy.
What role do cottage industries play in India's economy?
economic development and employment.
What steps can be taken to prevent budgetary slack?
budget slack can be prevented by good alignment between budgeting process and the organization's strategy which achieved by communication and coordination between top management and line managers or strategic business units to ensure that all line managers have the same perspective about achieving the organizational goals.good implementation of budgetary control also plays a role in preventing budgetary slack.
What is the role of a business development director?
The role of a business development director is one that focuses on the management of the tasks and processes that aims to develop growth opportunities. This should translate to profit.
What role has the increasingly competitive business environment played in the development of management accounting?
you all are hopeless!!!
What is the role of management in national development?
Management anable specialization to increase in various fields,this therefore leads to quality service delivery in the Nation.
What is the role of the Congressional Budget Office (CBO) in the federal budgetary process?
The role of the Congressional Budge Office (CBO) in the federal budgetary process is to give Congress independent economic data. This data helps to understand and make decisions about the proposed federal budget.
