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When preparing budgets, how can you contribute to financial bids and estimates? trainer's requirements as answer:...

When preparing budgets, how can you contribute to financial bids and estimates?

trainer's requirements as answer:
1. Definition of financial bids

2. Connect how budgets can assist business in making financial bids.

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Answer #1

1) The highest price the buyer is willing to pay for an asset is called the financial bid.

2) Budgets help us decide and evaluate the process by which the sources the company would be achieving its sales, it also indicates the time period based estimated flow of money in the future, so we can decide at what amount we need to place our need depending at what rate and at what time, our invested money would be earned back by us.

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