What two factors are necessary for successful budget implementation?

Question

Raja Meziou · Answer

factors are necessary for successful budget implementation:

RADHA KRISHNAN PALAKUZHI · Answer

1.
Accurate Historical Data2.
Professional Planning and Forecasting

anwar fakhar · Answer

financial goals,support system, evaluation/available resources and annual budget

BILLAL BOUNOUA · Answer

1. Forecast and good management

2-Avoid bankruptcy

Muhammad Asif Jajja · Answer

Mohammed Yousuf · Answer

a. Determining the key factors affecting the budget during the span of time.

b. Establishing the realistic strategic goals to be achieved within the specified time.

c. Effective control to have minimum variations with actual.

d. On the top effective techniques should apply to control the budget with the help of top management.

Aziz Ahmed · Answer

accurate forecast

companys resources

history