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What is Budget performance?

Updated: 9/11/2023
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11y ago

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A budget that reflects the input of resources and the output of services for each unit of an organization. This type of budget is commonly used by the government to show the link between the funds provided to the public and the outcome of these services.


from-varun malhotra

D.A.V college jalandhar

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11y ago
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Related questions

What is a budget variance?

A budget "variance" is the difference between planned and actual performance.


What is budget variance?

A budget "variance" is the difference between planned and actual performance.


How is the flexible budget information used to evaluate performance?

The flexible budget report can be used to evaluate performance in two areas: production control and cost control.


How is the flexible budget report information used to evaluate performance?

The flexible budget report can be used to evaluate performance in two areas: production control and cost control.


What is the budget process?

it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.


What is the budget review process?

it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.


How a budget can be controlled?

Regular monitoring against the agreed budget, compliant to the spending and income streams and reviews of under performance


Is Static planning budget and flexible budget or Flexible budget and actual results comparisons that best isolates the impact that changes in prices of inputs and outputs have on performance?

flexible budget and actual results


What is ppbs?

The letters PPBS are a shortened form of Planning, Programming, and Budgeting System. It is a balance between the performance budget and object budget.


Which of the following comparisons best isolates the impact that changes in prices of inputs and outputs have on performance?

static planning budget and flexible budget


A method to monitor variance between actual performance and budget is described?

Monitoring income statements is a way that people can monitor variance between actual performance and budget. Managers can be assigned to look over income statements for clients.


How much should I budget for a flight booking campaign ?

Your budget should be based on your business goals and the competitiveness of your target market. It's advisable to start with a reasonable budget and adjust as you gain insights from your campaign's performance.