3 Tutorials that teach Budgeting
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Author: Jeff Carroll

This lesson discusses the need for budgets within an organization.

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Source: Image of scales with money, progress bar, dollar sign, images by Video Scribe, License held by Jeff Carroll; Image of project budget, Creative Commons, Jeff Carroll.

Terms to Know

A researched projection of what funds are needed for a specific period of time.

Capital Budget

Analysis of the acquisition of new long term investments (such as a building or R&D) as to whether the organization will be able to successfully afford the investments.

Cash Budget

The defined, immediate cash needs for an organization for a specific, and short period, of time.