Planning and monitoring budget

Planning and monitoring budget

Planning and monitoring budget. The administrator should monitor an appropriate
budget. Based on historical costs, they are in a pole position to have such a benchmark. This
allows regular review of the budgeted in monthly and annual costs.
Reviewing purchasing procedures. Purchases constitute a significant proportion of costs.
Consequently, this should be reviewed on a regular basis. In so doing, this help in controlling

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APA

170 words