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The definition of budgeting process is when governments create and approve a budget. Basically it's the setting of an expenditure with respect to the organizations core function which is responsible for the overall functionality of the firm.

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Q: What is the definition of a budgeting process?
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Definition for the meaning of the budgeting process?

Refers to the process by which governments or organizations create and approve a budget. Budgeting is the setting of expenditure levels for each of an organizationâ??s functions.


What does the process of budgeting encompass?

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What is the definition of 'Marketing Budgeting'?

marketing budgeting


Does the GAO have final approval on the budgeting process?

No,GAO have no final approval on the budgeting process


What is the definition of management from 20 different authors?

management is a process of planning, organizing,staffing, directing, coordinating and cooperating, budgeting in an organization.


Where can one learn about the capital budgeting process?

You can learn about the capital budgeting process on the wikipedia free encyclopedia article which is labelled capital budgeting. It describes what the process is and what types of companies use it.


Who initiates the budgeting process?

caca


Is budgeting important?

Budgeting is an important planning and forecasting process for a given period. It is the itemized summary of income and expense.


Why is budgeting important?

Budgeting is an important planning and forecasting process for a given period. It is the itemized summary of income and expense.


How does the budgeting process of an organization benefit a functioning standard cost system?

You need to go through the budgeting process. This will ensure that you know how much is being spent and where it is being spent.


The starting point in the budgeting process is the preparation of what?

cash budget


How would you describe Kaisen budgeting?

Kaisen budgeting, a term borrowed from Japanese, is a budgeting approach that explicitly demands continuous improvement and incorporates all the expected improvements in the budget that results from such a process.