Business Essentials: Understanding and Managing Budgets

This course covers budgets and how they are used in organizational settings. You will gain an understanding of the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn how organizations are using different budgeting techniques to deal with operating challenges.

After completing this course, you'll be able to:

  • Explain the uses and functions of budgeting
  • Describe different types of budgeting
  • Explain the use of a master budget
  • Understand how a master budget is created
  • Describe how an operating budget is employed
  • Understand how sales, production and cost of goods sold budgets are created
  • Explain the uses of a cash budget
  • Describe how the budget process can be managed for optimal results

This course is self-paced and online. You will have access to this course for 30 days.

Level: Introductory

Estimated time to complete: 3-5 hours

Cost: $79.00

Duration: 30 days


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