Mind map
BUDGETING (Part 1)
Map content
BUDGETING (Part 1)
BUSINESS PLANNING
- Development of business goals
- Setting of objectives
- Determining strategies
Forecast of future events expressed in financial terms
- Prepared for a particular period
PURPOSE
- Planning
- Co-ordinating
- Controlling
- Communicating
- Motivating employees
MASTER BUDGET
- Summary of a company's plans that set specific targets for sales, production, distributing and financial activities
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- Description
- Mind Map on BUDGETING (Part 1), created by Ashmi Gandhi on 20/07/2017.
- Created by
- Ashmi Gandhi
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