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Q: What is the person who sets the budget called?
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Continue Learning about Economics

What is supplementary budget?

There is range of the Buget. Minimum and Maximum Buget.The Minimum Buget is called Supplementary budget.


Disadvantages of participation in the budget setting process?

participative budget is also called bottom-up budget. So, u just find the disadvantages of bottom-up budget. 1. slow 2.budget snack 3. Not setting budget in line with the aim of the firm


What is it called when the government annually spend more than its receives in revenue?

a federal budget deficit


What is it called when government spending does not exceed it income?

Balanced budget


Is budget deficit a type of budget?

A budget deficit is one element of some budgets but is not a "type" of budget. You may be thinking of a "deficit budget" (see below). To start: a budget is simply a spending plan - how much the government is going to spend over the next budget period (often a year), and on what. This includes interest the government has to spend on money it has previously borrowed (usually through bonds). If the total to be spent is expected to exceed what the government expects to take in (usually through taxes), the difference is the deficit, often called the "budget deficit". On the other hand, if the government expects to take in more money than it spends, the difference is a surplus, called the budget surplus. A budget that has a deficit is a "deficit budget"; one that has a surplus is called a "surplus budget"; and one that has neither (that is, spending and income are equal) is called a "balanced budget". It's worth noting that "deficit" and "debt" are not the same. The deficit is the amount by which the government overspends its income in a single budgetary period, typically a year. The debt is the total amount of money the government owes, and can be calculated by adding up all the budget deficits and surpluses the government has ever run.

Related questions

What is a person called that sets an example to a younger person?

THEY ARE CALLED ROLEMODELS


What is financial memorandum?

It sets out the conditions upon which the person in charge of funding provides funding to the current corporation and sets a budget for that fiscal year.


What do you call a person that sets up an event?

A person who sets up an event is called a party planner


Who sets the budget?

The President


What do you call a person who makes or sets up traps?

A person who makes and or sets up traps is called a hunter. (in my opinion)


What is a person who sets type up called?

typesetter


How much can a cheap wedding cost?

If you're the person getting married then you're the one who sets the budget. How cheap do you want it to be? That's up to you.


What institution sets resource ceilings and provides budget authority for the Department of Defense DoD?

Congress sets the resource ceiling and provides the budget authority for DoD.


Who is responsible for the presidents budget?

Congress sets the limits for the budget and the President's salary in the United States of America


What is a crew of a boat called?

The person who steers the boat is called a cox, the person who sets the pace is called stroke, then the person behind is called 3 seat, the person behind 3 seat is called 2 seat and then at the back is bow.


What are the Characteristics of the budget?

A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.


What are characteristics of budget?

A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.