When it comes to capital budgeting, a project valuation using the discount cash flow method is widely used. However, visit these sites for detailed information: * http://www-128.ibm.com/developerworks/rational/library/nov05/mckenna/ * http://www.eventuring.org/eShip/appmanager/eVenturing/eVenturingDesktop?_nfpb=true&_pageLabel=eShip_articleDetail&_nfls=false&id=Entrepreneurship/Resource/Resource_223.htm * http://en.wikipedia.org/wiki/Valuation_(finance)
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expenses are paid, as opposed to balancing a common pool into which income is deposited and from which expenditures are withdrawn in a reactionary manner.
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