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Posts Tagged ‘Budgeting’

The budgeting process. Principal, and other limiting factors

Category: Budgeting Methodology

Budgeting, as already pointed out earlier, always starts with the preparation of the sales budget., because the sales ultimately are the principal limiting factor determining the overall activity level.

Theoretical background for Budgeting methodology

Category: Budgeting Methodology

Putting together the budget for a company means to create a simulation of the business activities, which the company plans to undertake during the period for which the budget is prepared, i.e. generally one year;