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Allocated budgeting, otherwise known as "envelope budgeting", is a method of allocating funds as they become available into individual categories from which expenses are paid, as opposed to balancing a common pool into which income is deposited and from which expenditures are withdrawn in a reactionary manner.
Wiki User
∙ 14y ago
Wiki User
∙ 12y agoBudget allocation is an important part of all business and not-for-profit financial plans. Budgets are typically set annually and involve allocating anticipated income and resources between different departments and business interests. The amount of funding allocated to each area imposes restrictions on the scope of a department's development. For example, if there is a reduction in funding, then some staff may have to be made redundant.
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How does zero based budgeting differ from other budgeting?
Nhlanhla Yende
Can attention be allocated to tasks?
Can attention be consciously allocated to tasks
What budgeting option is best used only with limited resources and expenses?
Mental Budgeting
What is sound budgeting?
Budgeting that determines the costs and expenses put towards sound. whatever that may be.
What type of budgeting requires each manager to justify an entire budget request in detail?
Zero-base budgeting
How is result based budgeting applicable in Zimbabwe?
With results based budgeting in Zimbabwe, funds are allocated based on defined progressive steps. Rather than have funds available not tracked to measurable results, results based budgeting provides incentive to perform.
Can a pie chart be used to help budget your bills or anything pertaining to budgeting money?
Yes, eg a pie chart of how your money will be allocated
What does the process of budgeting encompass?
what does the process of budgeting encompass? what does the process of budgeting encompass?
What is rational budgeting?
budgeting that's rational
What is the definition of 'Marketing Budgeting'?
marketing budgeting
Is Standard Cost same as actual cost?
Standard cost is that cost which is budgeted at start of production while actual cost is that cost which actually incurred by business both of them can be same if actual cost incurred is same as allocated or determined in budgeting process using standard cost otherwise there will be difference.
How do strategic planninglong-range planning and budgeting differ?
Strategic planning is a disciplined effort to ensure long term development that is responsive to the changing and competitive environment. Long-range planning is an effort to achieve long-term goals and relies on these plans to be implemented assuming circumstances are not going to change much. Budgeting is creating a number of activities to be performed with the amount allocated in the budget.
Water budgeting and marketing?
BUDGETING AND MARKETING OF WATER
What is Expense Budgeting Why we have to prepare Expense Budgeting?
26.0
Objectives of capital budgeting?
what are the objective of capital budgeting
What is the objective of capital budgeting?
objectives of capital budgeting
Modern view of capital budgeting?
Meaning of Capital Budgeting
