There are two components to consider when discussing the use of web technology for human resources (HR) applications. The first component is the administration side of HR. These consist of the actions that HR personnel take to monitor and manipulate HR data. The second consideration is that of …
A Few Budgeting Techniques
Zero-Based Budgeting Zero-based budgeting is a technique where a company’s budget is determined based on a forecast of expenses. However, unlike most other budget processes, previous year data is not used as a reference for future needs. The budget is to be derived only from what costs should be. …
Balance Sheet Intro
Engineers use drawings to communicate design. Project managers use scope-of-work documents to communicate requirements. Accountants use financial statements to communicate a business’ financial status. If business managers do not read, or cannot understand, these statements then they are not …