Difference between revisions of "Budget"
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According to [[Management by Robbins and Coulter (14th edition)]], | According to [[Management by Robbins and Coulter (14th edition)]], | ||
:[[Budget]]. A numerical plan for allocating resources to specific activities. | :[[Budget]]. A numerical plan for allocating resources to specific activities. | ||
| + | According to [[Managerial Accounting by Braun, Tietz (5th edition)]], | ||
| + | :[[Budget]]. Quantitative expression of a plan that helps managers coordinate and implement the plan. | ||
[[Category: Management]][[Category: Articles]][[Category: Accounting]] | [[Category: Management]][[Category: Articles]][[Category: Accounting]] | ||
Latest revision as of 16:13, 12 July 2020
Budget is a numerical plan for allocating resources to specific activities.
Definition
According to Management by Robbins and Coulter (14th edition),
- Budget. A numerical plan for allocating resources to specific activities.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Budget. Quantitative expression of a plan that helps managers coordinate and implement the plan.
