Why Do Costs And Budgets Need To Be Controlled?

2 Answers

pavan katam Profile
pavan katam answered
You should control costs if you want to earn more money,since the whole world is in recession now if you control costs now you can be in secure place.If still the recession continues we will be in problem so save money in banks and money will be circulated and you can contribute to your country's economy economy.
Steven Vakula Profile
Steven Vakula answered
If you budget and do not control the spending then how do you know what is received and spent. If the receipts and spending of the receipts are not controlled then you have uncontrolled spending and since money spends faster than it is earned in most instances one would find themselves without the resources needed for the budget, the project or the results desired in the budgeting process.

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