What is Budgeting?
    Budgeting Defined
    A budget is a plan or forecast of the anticipated 
    results of a business for a specified period.
         Publication Title: Business Budgeting
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                What is Budgeting?
    A budget should be seen as a tool for planning, 
    coordinating and controlling the effective and 
    efficient use of resources so that the 
    organisation’s daily operations are directed 
    towards its long term goals.
         Publication Title: Business Budgeting
         Chapter: 1                                       3
                   What is Budgeting?
     Forecasts are required frequently in all aspects of business 
     operations:
     Marketing
     Production
     Finance
     Human resources
     Top management
           Publication Title: Business Budgeting
           Chapter: 1                                                  4
               The Uses of Budgets
    Tool for Planning
    Tool for Control
    Tool for Organising
    Tool for Motivation
         Publication Title: Business Budgeting
         Chapter: 1                                       5
               The Uses of Budgets
         Publication Title: Business Budgeting
         Chapter: 1                                       6