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Pages:
3 pages/≈825 words
Sources:
Check Instructions
Style:
Check Instructions
Subject:
Accounting, Finance, SPSS
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 7.5
Topic:

Profit Planning and the Role of Budgeting

Instructions:
Three methods are used most widely in the United States.



The three most widely used measures in the United States are structured classroom observations, teacher contributions to student achievement growth, and student perceptions of teacher effectiveness and classroom instructional climate.
Content:

Profit planning and the role of budgeting

Introduction

Budgets are one of the most widely used tools for planning and controlling.

Planning involves systematically looking at the future, so that decisions can be made today which will bring the company its desired results.

Control can be defined as the process of measuring and correcting actual performance to ensure that plans for implementing the chosen course of action are carried out.

BUDGET: A detailed plan, expressed in quantitative terms, that specifies how an organization will acquire and use resources during a particular period of time.

BUDGETING: The act of preparing a budget is called budgeting.

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