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Abstract
Budget creates work plan that stipulates statutory allocation of funds geared towards accomplishing projects or various events and/or programme schedule in an organization. Arriving at a good budget is a herculean task to both private and governmental agencies, but with proper analysis and monitoring system a balance is struck. High-tech solution systems are far reaching and hard to come-by. The absence of this, accounts for indiscriminate cases of budget failure, wanton discrepancies and undue variations obtained in financial administration of organizations.