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Basics of Budgeting

Basics of Budgeting

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This guide shows managers at all levels how to master the basics, so that a budget becomes a powerful management tool, not just a painful numerical work-out. In step-by-step detail, the book shows how to: determine resources needed and justify them in terms of potential profit or savings; define and understand costs and what drives costs; forecast revenue; predict performance improvement; and deal with financial and performance uncertainty.