budget planning

budget planning is use before the making of budget , consider all the importent factor of budget and according to budget planning build budget of your company.

Profit Planning or Budgeting

Learning Objectives: Define and explain the terms “profit planning” and “budgeting”. What is the difference between planning and control? What are the advantages and disadvantages of budgeting? Contents: Definition and Explanation of Profit Planning and Budgeting Difference Between Planning and Control Advantages and Disadvantages