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2. Headings down the vertical axis of a CASH BUDGET

  • Titles of expenses
  • Months
  • Company name

3. Headings along top horizontal axis of a CASH BUDGET

  • Company name
  • Months
  • Titles of expenses

4. Top down / Imposed budgeting approach to managing budgets:

  • involves senior management laying down the budget with little or no employee involvement
  • involves each department to assess their expenditure and budget management
  • involves employees being in control of each individual budget

5. What is a budget?

  • a financial plan of operation or entity for a period of time usually one year.
  • a financial plan of operation or entity for a period of time usually 50 years.
  • a logistical plan of operation or entity for a period of time usually one year.

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