This paper concentrates on the primary theme of 1-Which financial management practices are most effective in creating and monitoring an operating budget? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 79. For more details and full access to the paper, please refer to the site.

1-Which financial management practices are most effective in creating and monitoring an operating budget?
This should include: variance reporting, benchmarking, environmental scanning, model development, forecasting, types of budgets, types of monitoring methods, frequency of monitoring, self-audit

2-Which financial management practices are least effective in creating and monitoring an operating budget?
This should include: top down/bottom up budgets, lack of control, poor inventorying, lack of staff investment, over control.

Cite a minimum of five current (References should not be older than 2007 unless you are providing a historical overview of the subject) peer reviewed sources.