Business and Finance | rassid.com

According to Marconi and Siegel (1983) in Hehanusa (2003, p. 406-407) benefits budget are:
1. the budget is the result of the planning process, the budget represents an agreement negotiated between participants who are dominant in an organization about the purpose of activities in the future.
2. the budget is the description of the priority allocation of resources which is owned as it can act as a blue print of company activity.
3. the budget is the internal communication tool linking the Department (Division) that one with other departments (divisions) within the Organization as well as with top management.
4. Budget provide information about the results of the activities of the real compared to the standard that has been set.
5. the budget as a tool for controlling the lead management to determine the Organization’s strong and weak, it will be able to direct the management to determine the correction action should be taken.
6. Budget influence and motivate your managers and employees to work with the consistent, efficient and effective in conditions of the suitability of purpose between the purpose of the company with the purpose of employees.

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