1.10. Computer Applications

A computer should be used to make quick and accurate calculations, keep track of projects instantly, and make proper comparisons.

With the use of a spreadsheet program, budgeting can be an effective tool to evaluate "what-if" scenarios. This way the manager should be able to move toward finding the best course of action among various alternatives through simulation. If the manager does not like the result, he or she may alter the contemplated decision and planning set. Specialized software that is solely devoted to budget preparation and analysis also exists.

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