6. Budget : A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by individuals or by companies to estimate whether the person/company can continue to operate with its projected income and expenses. A budget may be prepared simply using paper and pencil‚ or on computer using a spreadsheet program like Excel‚ or with a financial application like Quicken or QuickBooks. The process for preparing a monthly budget includes: • Listing
Premium Resource allocation Management Investment
President Goodluck Jonathan yesterday presented a budget proposal of N4.2 billion to the joint session of the National Assembly with emphasis that job and wealth creation for teeming unemployed Nigerians would top the agenda of his administration in the coming fiscal dispensation. The initial schedule of the president to make the presentation at 12 noon yesterday at the green chambers of the House of Represents‚ was rescheduled to 2 p.m. He was later accompanied to the venue by his Special Adviser
Premium Economics Economic growth Nigeria
Introduction What Is A Budget? "A budget is a plan." More specifically‚ a budget is a plan of action matched by resources required to implement the plan. Budgets generally divide between two broad categories: the operating budget‚ sometimes known as the "expense" budget and the capital budget. Budget in simple word means a sum of money allocated for a particular purpose. Budget is there in everyone’s life‚ it may be a small or a big one. Budget is a tool which helps in controlling and planning the
Premium Management Cost Costs
Basic Meeting Etiquette Abstract Meeting etiquette involves all participants and the leader having respect for each other. Meetings should be purpose driven and focused. The leader establishes the direction and purpose the listeners should be prepared to follow along or to provide inputs to that goal. By following etiquette appropriate for the meeting setting‚ more resolutions may be accomplished in the allotted time. In a perfect world‚ a group synergy may evolve to increase productivity
Premium Etiquette Management Leadership
Budgets serve five main purposes; planning‚ facilitating communication and coordination‚ allocating resources‚ controlling profits and operations and evaluating performance and providing incentives. The budgeting process requires both technical and interpersonal leadership skills to achieve each of these purposes effectively. The director’s memo demonstrates several short comings in the budgeting process. The director instituted the “responsibility accounting system” as a means of evaluating performance
Premium Variable cost Costs Cost
High Costs for Cutting Education: Opposing the CSU Budget Cuts I. Introduction It is no secret that California’s state university system is facing cuts across the board as a result of tough economic times. Those who approve of these cuts have valid arguments but fail to look at the negative results from lowering funds for higher education. There will be an increase in people within the lower income earners as a result of these cuts. High school graduates with the potential to attend a university
Premium California Higher education High school
to: Mohammad khurshid khan SUMMARY OF MINUTES OF MEETINGS: Minutes of meetings are very important for any business it does not matter the business is small or huge. We should remember some points whenever we decided to arrange meeting. There are some points‚ which are very necessary to take into consideration. • Tool whatever we used in meetings should not be mind diverting. • Tool must be helpful for the purpose of the meeting. • Some people comfortable with pc tablet.
Premium Meeting
Safety meeting policy In a effort to consistently and clearly communicate the safety policies of the company to our installers‚ each Operations Manager will hold safety meetings with all the installers and project managers under there direction. Meetings will be distributed to each Operations Manager by the Director of Field Engineering. Meeting will be predated and must be conducted at the start of the work day on the day prescribed. Each Operations Manager shall supplement the safety meeting with
Premium Management
The Importance of Having a Budget Having a budget is not a choice but a necessity. It is important for everyone to have a budget in order to balance the amount of income with expenditure. Having a budget can help us plan our finances. With a financial plan‚ we will know where the money we have goes to. It is essential for us to be able to take control over our money and not have our money control us. Therefore‚ we must be able to decide how we should spend and save our money no matter how much
Premium Economics Finance Debt
Unit 209: 1.1) the purpose of meetings is so that it gives people a chance to catch up in private with time put aside for any issues they have. Whereas just sat at your desk it’s easy to get distracted and not give yourself anytime to review the topics that need looking at. For example team meetings are useful because it gives the whole team a change to get together and discuss anything they have to raise or let the team know something important all at once when everyone is available. 1.2) organisational
Premium Meeting Tour de Georgia Parliamentary procedure