Techniques For Allocating Resources Resources the assets of the organization take many forms,including financial,physical,human. intangible,and structural Budgeting budgets -numerical plans for allocating resources to specific activities are prepared for revenues,expenses,and large capital expenditures are applicable to a wide variety of organizations and activities force financial discipline ©Prentice Hall,.2002 9-12 Techniques For Allocating Resources Resources – the assets of the organization – take many forms, including financial, physical, human, intangible, and structural Budgeting – budgets - numerical plans for allocating resources to specific activities • are prepared for revenues, expenses, and large capital expenditures • are applicable to a wide variety of organizations and activities • force financial discipline © Prentice Hall, 2002 9-12