Budget

From CNM Wiki
Revision as of 16:13, 12 July 2020 by Kainat9 (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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.