A master budget helps you determine your overhead costs and assign them evenly to each department or determine their proportional assignment. For example, if you have a receptionist who takes all ...

Mid-level department managers participate in the budgeting process through the information ... funds for staff training resources, for example, while an accounting manager may request a payroll ...

For example, using historical data to forecast ... Tie Spending To Long-Term Goals Treat your department budget like an investment portfolio; every dollar should have a purpose and expected ...