THE ROLE OF BUDGETING IN FINANCIAL DECISION-MAKING
- 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 FINANCIAL DECISION-MAKING
This study aims to: (1) investigate the role of budgeting in financial decision-making, (2) identify key budgeting practices that support sound financial decisions, and (3) evaluate the impact of budgeting on financial stability. A survey design was employed to gather data from financial managers and decision-makers. Using Taro Yamane's formula, a sample size of 379 participants from corporate organizations in Lagos was determined, ensuring comprehensive insights. The corporate sector was chosen for its structured decision-making processes and potential for budgeting impact. The reliability coefficient score of the survey was 0.88. Findings indicate that effective budgeting significantly enhances financial decision-making by providing clear financial frameworks for evaluating options, setting financial targets, and ensuring alignment with organizational goals. Recommendations include integrating financial decision-making processes with budgeting cycles, providing training on effective budgeting techniques, and continuously monitoring and adjusting budgets to ensure sound financial decisions.
Related Project Materials
THE ROLE OF SMALL-SCALE BUSINESS OPERATIONS IN THE NIGERIAN ECONOMY
ABSTRACT
This research work was designed to determine the role of Small-scale business operation in the developme...
IMPACT OF REFUGEE CRISIS ON HUMAN SECURITY IN WEST AFRICA
Abstract
This study is on impact of refugee crisis on human security in West Africa. The total population for the...
THE IMAPCT OF EFFECTIVE COMPENSATION ON THE EMPLOYEES PERFORMANCE
ABSTRACT
This study examined the impact of effective compensation on the employees performance. Total c...
THE INFLUENCE OF SOCIAL ENVIRONMENT ON MEDIA ETHICS AMONGST JOURNALIST
Abstract
This study sought to find out the influence of social environment on media ethics amongst jou...
THE EFFECT OF END SARS PROTEST ON SMALL AND MEDIUM ENTERPRISES (SMEs) IN LAGOS STATE
ABSTRACT
This study was carried out to examine the effect of EndSARS protest on Small and Medium Enterprises...
TIME SERIES ANALYSIS OF PATIENT ATTENDANCE
EXCERPT FROM THE STUDY
Forecasting census for example, in Teaching Hospital is particularly challenging due to limited a...
A Speech Act Analysis of Speeches on Insurgency in Nigeria
Abstract
Nigeria is still battling with the problem of insurgency. Pictures of bloody acts of violence by insurgents are shown. Insurgenc...
A STUDY OF JOB PROSPECTS OF SECRETARIES IN SOME SELECTED ORGANIZATION
Background of the study
In recent years, the role of secretaries within organizations has undergone sig...
CONTROLLED RELEASE FORMULATIONS OF ANTIRETROVIRAL (ARV) DRUGS USING POLYMETHACRYLATE POLYMERS
ABSTRACT
To improve patient compliance and ensure better success in the management of HIV, spansule technology was employed to formulate...
THE SOUTH WEST AGITATION AND CLAMOUR FOR NIGERIA’S RESTRUCTURING IN THE FOURTH REPUBLIC
Background of the study
Nigeria's federalism since the pre-independence era has been a cause...
