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good day everyone my name is mr. parelle in this video Im going to discuss about operating and maintenance budget let me read first the lesson objectives at the end of the lesson you are expected to define the types of budget piercing operation explaining the components of the operating and maintenance budgets and understand the importance of operation and maintenance budget so let me start it with a question what comes to your mind when you hear the word budgeting or what is your idea about it so let me get simple budgeting is crucial in any business it is the key tool that controls the financial resources necessary to effectively plan and manage the costing of activities within the department so and also the budget administration our management uses various software to manage control and measure the departments effectiveness so there are two types of budget after New Years in operating a business so the operating budget and the maintenance budget so what is operating budget so thi
