Answer Base

Budgetingsetting of a target which the business tries to meet.for example, mia has a budget of £20 a month for replacing damaged menus or a budget of £20 a month for throwing away out of date stock.task: describe how a budget might be used to plan and monitor expenditure of a business or department.1.if mia sets budgets, describe how she can plan her expenditure more carefully. describe how this will help her business.2) if mia sets budgets, describe how she can monitor (keep track) of her expenditure. how will this help her business?

Budgets are targets that had some sense of reason at the time that they are made. setting a budget as a target gives you two things. it allows you to determine if that amount is acceptible in your business and it gives you an idea of how you are doing compared to that amount. it also gives you a warning that you are in trouble on one item and may need to make adjustments on another. you throw away much out dated stock, then you may have to keep those menus a little longer.