The importance of budgeting, and types of budget

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• 6 sections of explanation, worked examples and diagrams
• 1 practice task with hints and worked answers
• A quiz that marks itself as you go
• Your progress kept across every subject you take

Other lessons in this sub-strand

1. The importance of budgeting, and types of budget
2. Preparing a budget and using it to control spending
3. The meaning of a budget
4. Why Kenyan MSMEs need a budget
5. Sales and production budgets
6. Purchases and expenditure budgets
7. The cash budget: when money arrives
8. Capital budgets and the master budget
9. Preparing a simple kiosk budget
10. Surplus, deficit, and what to do
11. Budget variances: favourable and adverse
12. Using a budget to control spending