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Master budgets help us to plan and control our business. They have been used for a very long time however recent technological developments have eased
Master budgets help us to plan and control our business. They have been used for a very long time however recent technological developments have eased the burden and changed how we approach the budgeting process. Pick a company or industry that interests you. What type of budget would you do? Would it be static, flexible, rolling or continuous? Why would you choose this? Would you use software? Who would you talk to? What would be your process for approaching the budgeting process? Be specific and support your thoughts with facts if you can!
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