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The budgetary process contributes to effective management. Discuss the advantages and problems of budgeting and give examples.

Accounting Cost Accounting Financial Accounting Bank Accounting managerial accounting
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Question added by majed yaser , Financial Manager , National Basic Materilas Trading Co.
Date Posted: 2014/11/20
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Sarfraz Ahmed

 

    • Budgetary process is a procedure by which organizations creates and manage Financial Plan and the major benefits are

       

       

      Focus on future of corporation

Means of Evaluating performance

Source of Motivation

Ways of communicating Plans and instruction for the coming year .regards

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