Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why do businesses use budgets? what information ca

Why do businesses use budgets? What information can you learn from a business about its priorities from...

70.2K

Verified Solution

Question

Accounting

  1. Why do businesses use budgets?
  2. What information can you learn from a business about itspriorities from reading its budget?
  3. What would you change about the budgeting process if you couldchange one thing?

Answer & Explanation Solved by verified expert
4.0 Ratings (719 Votes)
1 Budgeting means making a plan to spend the money The spending plan in the business is called a budget A budget is a plan to control the finances of the business and enable the business to meet it objectives and make confident financial decisions A proper budget also helps to make sure    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Superior Markets, Inc., operates three stores in a largemetropolitan area. A segmented absorption costing...

Accounting
Q

What type of genetic inheritance determines the ABO blood group system? What are the relations of...

Biology
Q

2328 A. Consider the use of Deadly Force by police officers in light of all the media...

Psychology
Q

The spatial distribution of the electric field lines due to charges A B is shown...

Physics
Q

CER 5 A and B are the two radioactive elements The mixture of these elements...

Physics
Q

10 8 4 2 D y 10 69 4 N 7 6 8 10 14...

Geometry
Q

For each differential equation below state its order and determine whether it is linear or...

Calculus
Q

b 3x 2x 7x 5 3x 5x 2x 6 nding coefficient of part b

Algebra
Q

Question 22 4 pts Weighted Average Unit cost is calculated by Total Cost of Inventory...

Accounting
Q

Imperial Jewelers manufactures and sells a gold bracelet for $404.00. The company's accounting system says...

Accounting
Q

Problem 14-5 (Algo) Issuer and investor; effective interest; amortization schedule; adjusting entries [LO14-2] On February...

Accounting
Q

What are some financial policies unique to Medicare?

Finance