• format: ms-word (doc)
  • pages : 65
  • chapter 1 to 5
  • with abstract reference and questionnaire
  • preview abstract and chapter 1 below

 5,000

somdn_product_page

CHAPTER ONE

1.0  INTRODUCTION

Budgeting is essentially concerned with planning. According to Hausen .O. (1990). Dr. Jones discovered, failure of plan, either formally or informally, can lead to financial disaster. Careful planning is vital to the health of any organization. If that is the case, what role does budgeting play in planning and control. Simply put, plans identify objectives and action needed to achieve them.

Budgets are the actions needed to achieve them. Budgets are the quantitative expression of these plans. States in either physical or financial terms or both. Thus a budget is a method for translating terms. As a plan of action budgets can be used to control by comparing actual outcome as they happen with the planned outcomes.

Furthermore, according to Professor Anya O. Anya April 28th 2006, guarding newspaper, the universities and the challenge of a knowledge is base on the economy (2) the said “we have seen that economic and human development indices presently confirm that Nigeria is a very poor country where otherwise immense resources and potentials have not been realized as a result squander and poor management.

We have dedicated from the above points that planning budgeting and control is very essential in all sphere of endeavor be it public or private sectors. In other words, the necessary uncertainty and complexity in the socio-political economic and public sectors of Nigeria society have been made it very difficult for co-operate entities irrespective of the nature of their business (profit oriented or service oriented) coupled with the changes in social, economic, technological and political system to achieve optimal result without setting proper planned targets. With the trend of failure recently witnessed in the financial sector, arising from factors both internal external organizations and their management should ensure that they had decision about their future.

DOWNLOAD COMPLETE WORK
DISCLAIMER:
  • For Reference Only: Materials are for research, citation, and idea generation purposes and not for submission as your original final year project work.
  • Avoid Plagiarism: Do not copy or submit this content as your own project. Doing so may result in academic consequences.
  • Use as a Framework: This complete project research material should guide the development of your own final year project work.
  • Academic Access: This platform is designed to reduce the stress of visiting school libraries by providing easy access to research materials.
  • Institutional Support: Tertiary institutions encourage the review of previous academic works such as journals and theses.
  • Open Education: The site is maintained through paid subscriptions to continue offering open access educational resources.
//
Welcome! My name is Damaris I am online and ready to help you via WhatsApp chat. Let me know if you need my assistance.