LESSON OBJECTIVE
Assessment Criteria AC 3.1 Explain the purpose and nature of the budgeting process Below are questions pertaining to lesson 8. Please ensure to answer each question correctly.
4 Comments
Taisha Lewis
11/3/2016 09:16:57 pm
1.
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11/5/2016 08:31:17 pm
1) Why do companies use budgets
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Dalene cushnie
11/6/2016 06:11:13 pm
1, to identifies current available capital, estimates expenditures and anticipates revenues.
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Christopher Cameron
11/6/2016 07:39:34 pm
1) There are several reasons why companies budget. Some of these reasons include to plan for forecasted growth, limit expenditures and creation of financial roadmaps (Vitez, 2016).
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