25.9.12
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Leadership for Supervisors - Budgeting 101

Guranshdeep Kaur

The content covered will assist participants in understanding how the control of budget items can positively contribute to the bottom line. Course Topics Chapter 1: Definition Budget Chapter 2: Identifying Budget Items Chapter 3: Controlling Production Expenses Activities 3 Interactive Presentations 1 Final Examination Time Commitment 45 Minutes

Skills / Knowledge

  • 1. Define key budget terms, such as, 'operational budget', 'functional budget', and 'COGs'.
  • 2. Distinguish between a 'top-down' functional budget from a 'bottom-up' functional budget.
  • 3. Describe the importance of controlling production costs.
  • 4. Distinguish between direct and indirect costs.
  • 5. Describe the importance of managing labour costs.
  • 6. List key strategies for supporting workers and controlling labour costs.

Issued on

February 29, 2024

Expires on

Does not expire

Evidence