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Finance

Understanding and Managing Budgets

$95.00
5 (3 reviews) Write a Review
Understanding and Managing Budgets Product Image

Course Description:

A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

What You’ll Learn:

  • Recognize the uses and functions of budgeting
  • Recognize the key activities, considerations, and benefits of strategic organizational planning
  • Recognize the purpose and make-up of a master budget
  • Identify the components and calculations used to create a master budget and recognize uses for this information
  • Identify the components and purpose of an operating budget
  • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
  • Recognize the purpose of cash budgets and how they are prepared
  • Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system

Reviews:

Review author: Lynnulln McLaren
Review date is Nov 29, 2024
Review rating: 5

Review content:

Review author: Evelyn Hill
Review date is Nov 27, 2024
Review rating: 5

Review content: I like the examples of how to apply the information given for the budget creations.

Review author: Tracey Pina
Review date is Aug 20, 2024
Review rating: 5

Review content:

$95.00
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Course Details:
HRCI Recertification Credits:
3 Business Credits
Estimated Time to Complete:
3 hours
Available For:
180 Days from Date of Purchase
What’s Included:
Access your courses anytime, anywhere, with a computer, tablet or smartphone.
Courses are eligible for both HRCI and SHRM recertification credits.
Course format includes: [video, reading, written portions, etc.]