Description
- For this journal assignment, you are going to examine the execution of a budget. How could you control costs by managing materials at your work? What areas do you see for improvement?
Your journal entry must be at least 200 words. No references or citations are necessary. - Please ensure that the 200 words is formatted in APA
format and the following textbook is used if possible: Mitterer,
D. (2015). EMS finance. Upper Saddle River, NJ: Pearson.
Explanation & Answer
Hello. In case of any update kindly let me know.RegardsSherry
Running head: COST MANAGEMENT
1
Cost Management
Institution Affiliation
Instructor’s Name
Student’s Name
Course Code
Date
COST MANAGEMENT
2
Cost Management
In every business, there is need to ensure that resources are used and utilize appropriately
to minimize wastage and to enable efficiency and effectiveness usage. To achieve this,
management has to ensure they prepare a budget that can help determine how the number of
materials used and for what purpose. Budget is useful as it indicates the cost, quantity, and sizes.
Cost for any materials is the most important. With a transparent stipulated budget,
personnel mandated t...
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