ACC 220 Week 7 DQ 1 - 5 It helps in achieving the...

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ACC 220 Week 7 DQ 1 Budget is a comprehensive financial plan of allocation of financial resources. Advantages of  Budget for business: 1) It helps in coordination between different departments 2) It acts as training to the managers 3) It compels managers to think ahead 4) It helps in planning and controlling 
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Unformatted text preview: 5) It helps in achieving the objectives Budget also helps for managing the finances of household by keeping record of all the cash flows. It helps in estimating the cash required, cash inflows and outflows. It make person more financially conscious and helps in taking decisions....
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