Presented by: Mr. Shaikh Akhil. M. M.Pharm Asst. Prof. Dept. of Pharmacology, BCCO Pharmacy, Naigaon, S.R.T.M.University, Nanded . BUDGET PREPARATION & IMPLEMENTATION IN HOSPITALS
Budget 2 Budget is a plan of activities to be carried out in future for specific period in financial term. Budget is used to project future income and expenses. Budgets are a multi-purpose management tool supporting planning. Control, co ordination, communication , performance evaluation and motivation . Budgets are and important mechanism in the allocation of decision rights . Budget are often used to measure performance. Budget are also used as a mechanism for control
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CLASSIFICATION/ TYPES OF BUDGET There are different types of budget and these are classified as per the activities of organization 6