THOUGHT FOR THE DAY

Understand

"Mystery is underrated, and understanding is overrated."

- Larry McMurtry

TOPIC OF THE DAY

Budgeting

Budgeting in a business sense is the planned allocation of available funds to each department within a company. Budgeting allows executives to control overspending in less productive areas and put more company assets into areas which generate significant income or good public relations. Budgeting is usually handled during meetings with accountants, financial experts and representatives from each department affected by the budgeting.

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