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BUDGETING AS AN AID TO MANAGEMENT DECISIONS A CASE STUDY OF CROSS-RIVER STATE NEWS PAPER CORPORATION

BUDGETING AS AN AID TO MANAGEMENT DECISIONS A CASE STUDY OF CROSS-RIVER STATE NEWS PAPER CORPORATION

 

ABSTRACT 

Budgeting has been useful to all organization. It guides the management of organization in decision making. Management really on budgeting information to frequently provide operating information. These operating information aid management in directing day to day operation and also provide feed-back to available and control performance. Budgeting information enables the management of Cross-Rive State Newspaper Corporation to determine the unit cost of is products and cost of operation of the corporation. It provides information which could and the management of the Newspaper corporation to make decision, such as recruitment, sales/distribution of its products, it enable the evaluation of performance, it guides in the formulation of future polices and also gives a warning signal to management to take appropriate action against over spending and other expenditure.

Cross-River State Newspaper Corporation has a good budgeting information system with good management team which always co-operation with budget department to implement budget document according to the set out goals of the corporation.

The problem of the corporation is not from its budgeting system, but inadequate finance to implement budgeting information.    

 

TABLE OF CONTENTS

CERTIFICATION 

DEDICATION 

ACKNOWLEDGMENT

ABSTRACT 

TABLE OF CONTENTS 

CHAPTER ONE

1.0Introduction ------1

1.1Background to the study -----1

1.2Statement of problem -----2

1.3Research objectives -----4

1.4Research question ------4

1.5Significance of the study -----5

1.6Scope of the study ------5

1.7Definition of terms------5

CHAPTER TWO – LITERATURE

2.0Introduction------9

2.1Review of works done by others on the topic--10

2.2Meaning of budgeting -----10

2.3Types of budgets ------12

2.4Classification of budgeting----16

2.5Budget preparation------20

2.6Purposes of budget preparation----20

2.7Decision centre for management.---21

2.8Function of budgeting-----22

2.9uses of budgeting for management decision making - - -   22

2.10Objectives of budgeting control----24

2.11Brief of profile of CRS Newspaper Corporation-24

CHAPTER THREE-RESEARCH DESIGN AND METHODOLOGY 

3.0Introduction ------28

3.1Research design------28

3.2Sample size and sampling Techniques --28

3.3Method s of data collection ----29

3.4Tools of data Analysis -----30

3.5Weakness of Methodology ----30

CHAPTER FOUR-DATA PRESENTATION, ANALYSIS 

4.0Introduction ------32

4.1Data Presentation------33

4.2Analysis of data------38

4.3Analysis of findings-----41

CHAPTER FIVE-SUMMARY CONCLUSION AND RECOMMENDATION

5.0Introduction--------44

5.1Summary--------44

5.2Conclusion -------45

5.3limitation of the study------47

5.4Recommendations-------47

Bibliography-------49

Appendixes --------51

Questionnaires  -------52


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