Finance

Understanding and Managing Budgets

(4 votes)1000 students enrolled

$95.00

Course Length

3 Hours

Access Time

90 Days

3 CEUs

3 PDUs

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Course Description

A budget is a detail of expenses and incomes for a set period of time. This introductory-level course covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges.

Notes

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours. This course does not require any additional purchases of supplementary materials. Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments. Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc. Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Sixth Edition, Project Management Institute Inc., 2017. The following list outlines the PDUs you will earn for completing this course, based on the certification you have. PMP®/PgMP® Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3 PMI-RMP® Technical: 0 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.25 PMI-SP® Technical: 0.5 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.75 PMI-ACP® Technical: 0 Leadership: 0 Strategic/Business: 2.25 TOTAL: 2.25 PfMP® Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3 PMI-PBA® Technical: 0.75 Leadership: 0 Strategic/Business: 2.25 TOTAL: 3

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