Difference between revisions of "Budget"
Line 4: | Line 4: | ||
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: 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.