Define ‘budgeting’. Discuss in detail any two types of budgeting techniques.
Introduction Budgeting is the process of planning and allocating financial resources to different activities, departments, or services within an organization. In a library, budgeting is essential to manage funds efficiently and ensure that services are provided without financial constraints. It helps in forecasting expenses, prioritizing needs, and maintaining accountability. What is Budgeting? Budgeting involves estimating […]
Define ‘budgeting’. Discuss in detail any two types of budgeting techniques. Read More »