Page 150 - P1 Integrated Workbook STUDENT 2018
P. 150

Chapter 9




               1.3  Steps in agreeing budgets with budget holders

                    Set budget aims.

                    Identify the principal budget factor (typically sales).

                    Prepare the principal budget.

                    Prepare all other functional budgets.


                    Consolidate master budgets.

                    Negotiation.

                    Review.

                    Acceptance.






















































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