Understanding and Managing Budgets
Course Overview
A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.
- Price: $95.00
- Seat time: 3h
- Course number: ew032_01_ME
- Dynamic language translation available
- Category: General Education
The estimated completion time for this course is 3 hours. The maximum allotted time is one month from enrollment.
Course Objectives
Recognize the uses and functions of budgeting
Recognize the key activities, considerations, and benefits of strategic organizational planning
Recognize the purpose and make-up of a master budget
Identify the components and calculations used to create a master budget and recognize uses for this information
Identify the components and purpose of an operating budget
Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
Recognize the key activities, considerations, and benefits of strategic organizational planning
Recognize the purpose and make-up of a master budget
Identify the components and calculations used to create a master budget and recognize uses for this information
Identify the components and purpose of an operating budget
Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
Course Benefits
receive a MindEdge Certificate of Completion
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