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| Teaching Since: | May 2017 |
| Last Sign in: | 353 Weeks Ago, 3 Days Ago |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
Question description
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I need a simple answer to the question below. Thankyou
A formal budget helps a business to evaluate performance. The level of attainment usually incorporated in the budget is a realistic figure for the budget period. A formal Budget enables a business to know the expected cost and expenditure for each department and what the department is expected to achieve. Do you agree with this? and if so give your reason.
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