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Journal of Finance & EconomicsVolume 1, Issue 3 (2013), 3950 ISSN 22914951 ISSN 2291496X Published by Science and Education Center of North AmericaBudget Target Setting and Effective Performance Measurement

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What is budget target setting and?

Budget target setting is the process of establishing financial goals and objectives for a specific period of time.

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Budget target setting is typically required to be filed by businesses, organizations, and government entities.

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Budget target setting is usually filled out by gathering financial data, analyzing expenses and revenues, and setting specific targets based on the findings.

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The purpose of budget target setting is to provide a roadmap for financial planning and decision-making.

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Information such as revenue projections, expense forecasts, budgeted amounts for various categories, and financial goals must be reported on budget target setting.

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