Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Dopson, Hayes

Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Budgeting and internal controls. In this chapter you will learn about the variety of ways hospitality managers utilize budgets and the budgeting process to better operate their businesses. In fact, as you will discover, managers most often prepare not one, but several types of budgets. You will learn about the various types of budgets most hospitality operators prepare and why they develop them.