Developing and Using a Budget Analyzer

Dimitris N. Chorafas

Chapter 6 in Financial Models and Simulation, 1995, pp 110-131 from Palgrave Macmillan

Abstract: Abstract Whether or not in a conscious manner, management uses an income statement and a budget for the same purpose aeronautical engineers employ physical models and digital simulators of aircraft. The budget predicts the anticipated outcome of a business strategy, and if the projected results are unsatisfactory, management can alter some of the variables and the financial allocation made to them.

Keywords: Expert System; Variable Cost; Fixed Cost; Transfer Price; Budget Analyzer (search for similar items in EconPapers)
Date: 1995
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DOI: 10.1057/9780230374836_6

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