Project Management

Credit is gives, Debit is receive.

Thus Credit is good for P & L, whereas Debit is good for income statement.

References

Descriptive Essays. (2012). Budgeting is a key component in management short and long term planning.

Retrieved August 5, 2012, from

http://www.termpaperwarehouse.com/essay-on/Descriptive/74906

Dyson, J.R. (2010). Budgeting. In

Pearson Education Limited (Ed.), Accounting for non-accounting students (pp. 324-342). Italy: Rotolito Lombardo.

Key Principles of Budgets. 5 Characteristics of Effective Budgeting. Five Important Areas in Budgeting. (2010).

Retrieved July 29, 2012, from

http://smartmoneysuccess.com/2010/07/key-principles-of-budgets-5-characteristics-of-effective-budgeting-five-important-areas-in-budgeting/

Ross, S.A., Westerfield, R.W., Jordan, B.D. (2000). Long-Term Financial Planning and Growth. In

Irwin Mcgraw-Hill (Ed.), Fundamentals of Corporate Finance (pp. 86-107). United States of America: Von Hoffman Press, Inc.

Ross, S.A., Westerfield, R.W., Jordan, B.D. (2000). Short-Term Finance and Planning. In

Irwin Mcgraw-Hill (Ed.), Fundamentals of Corporate Finance (pp. 554-577). United States of America: Von Hoffman Press, Inc.

The Role of Budgeting in Management Planning and Control. (n.d.).

Retrieved July 1, 2012, from

http://www.flexstudy.com/catalog/schpdf.cfm?coursenum=95075

Ward, S. (n.d.). Budget, Definition:.

Retrieved July 20, 2012, from

http://sbinfocanada.about.com/od/management/g/budget.htm

What Are The Advantages Of A Long-Term Budget Vs. A Short-Term Budget? (n.d.).

Retrieved August 5, 2012, from

http://www.essortment.com/advantages-long-term-budget-vs-short-term-budget-19136.html

References

Descriptive Essays. (2012). Budgeting is a key component in management short and long term planning.

Retrieved August 5, 2012, from

http://www.termpaperwarehouse.com/essay-on/Descriptive/74906

Dyson, J.R. (2010). Budgeting. In

Pearson