A Descriptive Study on Awareness and Knowledge of Small Business Budget in Selangor

DOI

10.2991/iceb-15.2015.59How to use a DOI?

Keywords

Budgetting, Small Business, Awareness, Knowledge

Abstract

Budget is a quantified financial planning for a future accounting period. It concerns with the middle and long term plan for the year ahead. Budgets are a clear indication of what is expected to be achieved during the budget period. Budget preparation also motivating managers to strive in achieving the organizational goals, controlling activities and evaluating the performance of managers. Budget is not only useful to the well-established organization but actually it is important for small scale business. 160 set of questionnaires were distributed to the small businesses manager/owner in the state of Selangor to get their level of awareness and knowledge on budgeting. From the study, it was found that the awareness and knowledge level of small businesses owner on budget is in moderate pattern. Future studies could enhance to the awareness and knowledge level of the medium size organization on budget

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shuhaimi Jaafar
AU  - Nor Suhaily Bakar
AU  - Awaluddin Norsuriana
PY  - 2015/05
DA  - 2015/05
TI  - A Descriptive Study on Awareness and Knowledge of Small Business Budget in Selangor
BT  - Proceedings of the International Conference on Economics and Banking 2015
PB  - Atlantis Press
SP  - 424
EP  - 426
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceb-15.2015.59
DO  - 10.2991/iceb-15.2015.59
ID  - Jaafar2015/05
ER  -