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From the list below, what is the best definition of abudget?
of a
budget?
A budget corresponds to the list of objectives that a manager mustachieve in order to obtain variable remuneration; the objectives are definedunilaterally by the hierarchy and relate to a certain number of action plansthat the manager must implement.
A budget corresponds to the list of objectives that a manager must
achieve in order to obtain variable remuneration; the objectives are defined
unilaterally by the hierarchy and relate to a certain number of action plans
that the manager must implement.
A budget is a twelve-month financial envelope that a manager must notexceed, on pain of being penalised by his hierarchy or having his objectivesrevised upwards.
A budget is a twelve-month financial envelope that a manager must not
exceed, on pain of being penalised by his hierarchy or having his objectives
revised upwards.
A budget is a list of action plans that an organisation assigns to eachmanager with a view to progress in his or her respective area ofresponsibility.
A budget is a list of action plans that an organisation assigns to each
manager with a view to progress in his or her respective area of
responsibility.
A budget is a formalised one-year plan that determinesboth the quantified objectives that a manager must achieve within thistimeframe and the resources available to achieve these objectives.
A budget is a formalised one-year plan that determines
both the quantified objectives that a manager must achieve within this
timeframe and the resources available to achieve these objectives.
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