The Budgeting
Among the major statistical forecasting procedures are the following: (a) trend line projections; (b) cyclic demand projections; (c) curvilinear regression projections; and (d) exponentially weighted moving average projections. The first three of these proceduresłtrend projections, cyclic demand projections, and regression projections ł are used in the development of the in-patient loads for the hospital for 12-month periods. Trend line projections and cyclic demand projections have proven to be particularly useful (Evans, 2002).

Budgets and budgeting must be considered in two conceptual contexts. First, a budget may be considered as a noun. When considered as a noun, a budget is a detailed financial plan for an organization that (a) describes financial resources expected to be available to an organization during the period covered by the budget, (b) identifies anticipated sources of the financial resources, and (c) provides a plan for the allocation and use of the identified financial resources (Evans, 2002).

Additionally, budgeting must be considered as a verb. When budgeting is considered as a verb, budgeting is the process by which a budget is created. There exist a variety of budget types, and a variety of processes by which budgets may be created. The most relevant formats for operating budgets are (a) objects of expenditure, (b) performance, (c) program, and (d) zero-based (Evans, 2002).

    Some topics in this essay  
    Jalbert Chan | Austin Cheek | PROCESS BUDGETING | budget format | Financial Management | evans 2002 | Publishers Gitman | budgeting process | Hong Kong | objects expenditure | Publications Evans | November Corporate | capital budgeting | Business Cambridge | performance budget | program budget | program budget format | performance budgets | expenditure budget | financial resources | objects expenditure budget | performance budget format | September Analyzing | cyclic demand projections | projections cyclic demand |  
    Get Better Grades!  
    Saved Papers  
    Save your essays here so you can locate them quickly!  
"This site rocks! I got an A thanks to you helping with my writers block."
Sara B.
"I was in a real bind and your site helped me to come up with ideas for my paper."
Brian T.
"It's nice to be able to find information so quickly and easily."
Jillian T.
"I enjoy reading other writers papers to get their perspective on things. It makes writing my own paper so much easier."
Cindy A.
"I've used this site for 2 semesters and I'll be back next year for sure!"
Liz R.
Copyright © 1999 - 2014 All Rights Reserved. DMCA