THE ROLE OF BUDGETING IN ACHIEVING FINANCIAL GOALS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
THE ROLE OF BUDGETING IN ACHIEVING FINANCIAL GOALS
The objectives of this research are to: (1) analyze the role of budgeting in achieving financial goals, (2) identify key budgeting practices that support financial goal attainment, and (3) evaluate the impact of budgeting on financial success. A survey design was chosen to gather data from financial managers and strategic planners. Using Taro Yamane's formula, a sample size of 378 participants from corporate organizations in Abuja was determined, ensuring comprehensive insights. The corporate sector was chosen for its structured financial goal-setting processes and potential for budgeting impact. The reliability coefficient score of the survey was 0.87. Findings indicate that effective budgeting is crucial in achieving financial goals by providing clear financial targets, improving resource allocation, and enhancing financial predictability. Recommendations include integrating financial goal-setting processes with budgeting cycles, providing training on effective budgeting techniques, and continuously monitoring and adjusting budgets to ensure alignment with financial goals.
Related Project Materials
AN EMPIRICAL INVESTIGATION OF COVID-19 ON PRODUCT SALES AND MARKETING
BACKGROUND OF STUDY
Notably, many states; continents; regions; urban and rural communities; families&nb...
A CRITICAL INVESTIGATION OF AGRICULTURE AND ITS IMPACTS ON ECONOMIC GROWTH IN NIGERIA
Background to the Study
Agriculture comes from the Latin words "ager," which means "field," an...
AN ASSESSMENT OF RURAL WATER SUPPLY FACILITIES AND ITS MAINTENANCE MANAGEMENT IN THE BUILSA DISTRICT, GHANA
BACKGROUND OF THE STUDY
The availability of clean and sufficient water supplies for household and indus...
THE IMPACT OF INTERNATIONAL ACCOUNTING FOR GLOBAL ECONOMIC UNCERTAINTY
ABSTRACT
This study investigates THE IMPACT OF INTERNATIONAL ACCOUNTING FOR GLOBAL ECONOMIC UNCERTAINTY, focusing on understanding the ch...
THE IMPLICATION OF UNEMPLOYMENT ON THE SOCIO ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF EGBEMA LOCAL GOVERNMENT AREA)
Background of the Study
Unemployment which is now the talk of the day has a lot of implications on the Nigeria social an...
PRACTICE OF PERSONAL HYGIENE KNOWLEDGE AMONG PRIMARY SCHOOL CHILDREN
Background of the study
Basic hygiene refers to practices that help to maintain health and prevent the spread of...
CAUSE AND EFFECTS OF DEVIANT BEHAVIOUR IN HIGHER INSTITUTIONS OF LEARNING
ABSTRACT
This research on the causes and effects of deviant behaviour in higher institutions of learnin...
EXAMINING THE ROLE OF EARLY CHILDHOOD EDUCATION IN ENHANCING DECISION-MAKING SKILLS
ABSTRACT: This study examined the Role of Early Childhood Education in Enhancing Decision-Making Skills. The obje...
THE ROLE OF PUBLIC RELATIONS IN IMPROVING THE IMAGE OF TERTIARY INSTITUTIONS IN ENUGU METROPOLIS (A CASE STUDY OF IMT ENUGU)
ABSTRACT
The purpose of this study was to appraise public relations activities in tertiary institutions, a case study of...
THE IMPACT OF FOREIGN DIRECT INVESTMENT ON ECONOMIC GROWTH IN NIGERIA
ABSTRACT
Foreign Direct Investmemt has been widely described as an indispensible vihicle of economic growth, Variuos reseachers have trie...
