What does budget monitoring involve

Assignment Help Financial Management

Reference no: EM131900930

1) What does budget monitoring involve? 2) Why is budget monitoring necessary? 3) What technical tools (hint: comparing allotment and actuals; preparing variance report) will you use to monitor a budget? 4) What would you do if funds for specific services are likely to run out before the end of the budget year? Please answer all the questions as thoroughly as possible.

Reference no: EM131900930

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