A planned budget is one that is structured and has been well thought out. An unplanned budget is one that pays bills and expenses as they come without a preset plan.
Planned Value is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or a work breakdown structure component Earned Value is the value of completed work expressed in terms of the approved budget assigned to that work for a schedule activity or work breakdown structure component.
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
budget line shows purchasing power of an consumer but indifference curve show willingness of consumer for two commodities.
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
A budget "variance" is the difference between planned and actual performance.
A budget "variance" is the difference between planned and actual performance.
The main difference is, budget is a planned activity to meet the targets whereas financial report is the one which shows the health/wealth of the organization.
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
The budget of Planned Parenthood is 1,040,000,000 dollars.
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget
Planned Value is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or a work breakdown structure component Earned Value is the value of completed work expressed in terms of the approved budget assigned to that work for a schedule activity or work breakdown structure component.
what is the difference and similarity between cash budget and long term financial planning
Japtj
the difference between glacial accumulation and glacial waste
Short means you are under your planned budget. Over means you have exceeded your planned budget. If your budget was planned correctly, the best place to be is as close to your budget as possible. If you are under budget too much, you might not be spending where you should to grow or protect your business. If you constantly are over budget, then you may be in danger of going out of business, because of lack of money to spend on the things you need to stay in business.
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.