The Business Professor
Budgeting
Budgeting or setting a budget is the process of allocating resources to future or intended activities. There many types of budget and manners of involvement in the budgeting process.
The Business Professor
Activity-Based Budgeting
Activity based budgeting is an approach to budgeting where every activity or cost driver is identified. This information is useful in reducing inefficiencies when setting a budget.
The Business Professor
What is Participative Budgeting?
A participative budget seeks the involvement of lower-level managers in an organization.