Budget as a survival for a business organization
https://www.blogger.com/blog/post/edit/1991252217317526875/1710137623549528465 A budget is a financial or quantitative statement prepared and approved before a defined period to attain a given objective. This may include income, expenditure, and the employment of capital. A budget is normally for a year. One of the primary objectives of a budget is to measure the profit earnings of an organization. While budgeting control could be defined as the establishment of department budget relating to the responsibilities of executives to the requirements of a policy and with the budgeted result that either to secure by individual action. The objectives of the policy or to provide a firm basis for its revision. Budget is also a standard with which to measure the actual achievement of people departments firm and so on. While budgetary control is also the planning in advance of the various functions of a business so that the organization as a ...