Flashcards
Management Accounting - Budgeting Chapter 2
Cards in this deck (2)
- 1What is a budget committee?A budget committee is a group of managers and employees drawn from a range of departments within the organisation with responsibility for the budgetary process.
- 2What is a budget manual?A budget manual is a document which sets out standing instructions governing the responsibilities of persons, and the procedures, forms and records relating to the preparation and use of budgets.