• Andrew M. McCosh
  • Michael S. Scott Morton


Budgets and the budgeting process lie at the heart of short-term planning and control. Virtually every organization has, at the very least, a budget for the current year. This represents the short-term plan of the organization and its translation into specific resources that are to be employed. Control is exercised by comparing actual expenditures against the budget or plan. Deviations from the budget call for further analysis and interpretation to decide the causes of the deviations and to determine whether a serious problem exists. Other major issues include setting the levels for the budget and the various categories that will be involved, and analyzing the problems as they evolve.


Decision Support System Budget Process Batch Processing Machine Budget System Program Budget 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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  1. 3.
    A publicly available version is to be found in A. F. Burger, “An Interactive Model to Aid in Cost Planning,” M. S. thesis, M. I. T., Cambridge, Mass., 1971.Google Scholar

Copyright information

© Andrew M. McCosh and Michael S. Scott Morton 1978

Authors and Affiliations

  • Andrew M. McCosh
  • Michael S. Scott Morton

There are no affiliations available

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