Can anyone tell me what is purchases budget? I'm doing an assignment on this ques. But I can't search the answer anywhere in the website. I need the importance of purchases budget and factors. Can anyone help? Thanks

They are probably referring to a materials purchases budget.http://www.principlesofaccounting.com/chapter%2021.htm#COMPONENTS%20OF%20THE%20BUDGET

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Originally Posted by morgaine300

They are probably referring to a materials purchases budget.Principles of Accounting Chapter 21

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The reference is related to:
Principles of Accounting
By Larry Walther, Ph.D. CPA, CMA
Author contact: [email protected]
Administrative support contact: [email protected]

I remember you said in one of your posts that you never heard of Larry Walther to which I had referred. In one of the earlier posts you also quoted chapter 4 of the same book.

That book is online and I have it bookmarked. I've never paid any attention to the author. (I just immediately click on Contents and go to whatever I want.)

I remember you mentioning Walther, but don't remember what it was in reference to. I've never really read that online book -- I don't have time to go around reading new textbooks. I use it mostly just for the examples, that and one other site I have bookmarked.