Asked by Paola Zaragoza on Jul 02, 2024
A company's overall operating budget is a composite of many individual budgets for separate units of the firm.
Operating Budget
An estimation of the revenue and expenses over a specified future period of time, operationalizing a company's financial plan.
- Gain insight into the significance of budgets within financial planning, performance assessment, and the decision-making process.
Learning Objectives
- Gain insight into the significance of budgets within financial planning, performance assessment, and the decision-making process.