Effective budgeting

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November 10, 2021 at 12:27 pm #640355
Syed Ahsan Ali
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Is effective budgeting examined in paper PM?
I have seen a question in the Kaplan revision kit that says “what is meant by effective budgeting” which is for only 3 marks. However, there is no mention of effective budgeting in the syllabus. Should we study this topic?
November 10, 2021 at 4:48 pm #640375
John Moffat
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There is no special term called effective budgeting. It is asking what is needed for the budgeting to be effective (i.e. useful for the business).
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