Budget as a planning tool. A case study on Pewira Ericsson Sdn Bhd / Razali Ali

This study is on budget as a planning tool with special reference to Perwira Ericsson Sdn Bhd (PEM) that was established in 1982. The main activities of PEM consist of the assembly, supply and installation of public telephone exchange equipment and telecommunication equipment and provision of ancill...

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Bibliographic Details
Main Author: Ali, Razali
Format: Student Project
Language:English
Published: 1992
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/103031/1/103031.pdf
https://ir.uitm.edu.my/id/eprint/103031/
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Summary:This study is on budget as a planning tool with special reference to Perwira Ericsson Sdn Bhd (PEM) that was established in 1982. The main activities of PEM consist of the assembly, supply and installation of public telephone exchange equipment and telecommunication equipment and provision of ancillary services. This paper will review on the literature relating to budget. The review includes the definition of budget and it's relation to budgeting, the budget process, the discussion of the various functions of budget in general except the planning function that is discuss in detail. This study is to relate the literature to the method and the formulation of budget, and the use of budget as a planning tool by Perwira Ericsson Sdn Bhd (PEM). This study is also on the process of budgeting, the responsibility centre involved and the common practice of PEM in formulating it's budget that is used in the area of planning.