Question: Why is it a good idea to consider the various budgeting and monitoring options available? Why is it a good idea to draw up a

  1. Why is it a good idea to consider the various budgeting and monitoring options available?
  2. Why is it a good idea to draw up a draft budget?
  3. Explain and discuss the prime consideration to be taken into consideration when prioritising income and expenditure requirements for a budget.
  4. List three tools for managing budgets.
  5. Why are rolling forecasts valuable?

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