November 2008
Beginner
448 pages
11h 33m
English
Content preview from Budgeting Basics and Beyond
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10.9. Budget Meetings
At budget meetings, the manager should present a reasonable basis for budget expectations. The manager should give an impression of being prepared, knowledgeable, and in control. A possible inconsistency in the presentation may raise doubts. For example, a manager may propose a slight budget increase in revenue because of a recession but at the same time request substantially higher expenditures because of inflation.
The manager does not want to give upper management the impression he or she is rushing through the budget or has not given it sufficient preparation.
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