Скачать или смотреть What is Budget, Budgeting and Budgetary control | Types of Budgets | Part 7

What is Budget, Budgeting and Budgetary control | Types of Budgets | Part 7

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Описание к видео What is Budget, Budgeting and Budgetary control | Types of Budgets | Part 7

What is Budget, Budgeting and Budgetary control | Types of Budgets | Part 7

Unpredictability and instability characterise modern business. Businesses must adapt if they want to survive due to competition, governmental policies, new rules, new production techniques, and changing consumer behaviour.

All firms have begun using budgeting approaches as a result of these problems. Budgetary control is a method for comparing actual spending to planned spending as well as for identifying and addressing variances. Based on anticipated course of action, budgets are created for future periods.

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