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There is a need for correlating budgeting with planning because without a budget the plan could not be put into reality.

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Q: Why is there a need of effective correlation between budgeting and planning?
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How taxation and budgeting narrow the gaps between rich and poor?

Taxation and budgeting have nothing to do with any gaps between rich and poor. Anyone who tells you they do is simply a propagandist trying to convince you to give the government more power and control.


What is the correlation between the price of gold and interest rates?

The correlation between the price of gold and interest rates can be a bit complicated. If there is a higher yield of gold in a year, the interest rates and price tend to lessen; the more gold there is, the easier it is to acquire. If other investments offer increasing returns, gold prices and rates will tend to lower.


What does ''highly correlated'' mean?

Correlation is defined as the degree of relationship between two or more variables. It is also called the simple correlation. The degree of relationship between two or more variables is called multi correlation. when two or more variables are said to be higjly correlated it means that they have a strong relationship such that a given rise or fall in one variable will lead to a direct change in the other variable or variables. good examples of highly correlated variables are price and quantity, wage rate and out put, tax and income.


Difference between REER and NEER?

Nominal effective exchange rate (NEER) and Real effective exchange rate (REER)


Which best explains the difference between short-term and long-term planning?

Short-term planning takes care of regular expenses in the near future while long-term planning involves saving for large purchases further in the future.

Related questions

What is ppbs?

The letters PPBS are a shortened form of Planning, Programming, and Budgeting System. It is a balance between the performance budget and object budget.


What does a Sunday school coordinator do?

They do everything related to religious education of children and adults to include budgeting, fundraising, recruiting volunteers, planning of metings and workshops for the teachers, safety of the children, provinding an environment which is conducive to learning for the children, planning liturgy, and anything in between. They do everything related to religious education of children and adults to include budgeting, fundraising, recruiting volunteers, planning of metings and workshops for the teachers, safety of the children, provinding an environment which is conducive to learning for the children, planning liturgy, and anything in between.


What is the relationship between stewardship and homosexuality?

Stewardship refers to the responsible management and care of resources, including relationships and communities. There is no inherent connection between stewardship and homosexuality; individuals can practice stewardship regardless of their sexual orientation. The focus should be on promoting respect, compassion, and inclusivity towards all individuals, regardless of their background.


Identifying the key advantages and disadvantages of a performance budgeting system a program budgeting system and a line-item budgeting system.?

system features focus on advantages disadvantages (LIBS) -centered on objectives/nature of expenditure or purchased item/service (1920~30s) -control financial affairs -responsibility for accounting -clear responsibility on accounting -easier control on financing -rigidity -unclear performance/objective of expenditure performance budgeting system (PBS) -classifying business based on functions of business activities -detail business budget=item price*work hour -Truman(1950) -business centered -management centered -clear business goal -flexibility -unclear responsibility on accounting plan programming budgeting system(PPBS) -planning+budgeting -rational allocation of resources -Johnson(1965) planning centered "planningprogrammingbudgeting" -planning+budget -rational allocation of resources -remove barriers between organizations centralization of budget composition -difficulties on conversion work -top-down budget composition


Is there a correlation between handedness and thumb dominance?

No, there is not a correlation.


What is multiple correlation coefficient and partial correlation coefficient?

partial correlation is the relation between two variable after controlling for other variables and multiple correlation is correlation between dependent and group of independent variables.


Is there a direct correlation between amplitude and wavelength?

Thgere's no correlation whatsoever between amplitude and wavelength.


What is the type of correlation where there in no relationship between two data sets?

There is no correlation.


What is the maximum and minimum value of the correlation coefficient?

The correlation can be anything between +1 (strong positive correlation), passing through zero (no correlation), to -1 (strong negative correlation).


What is the relationship between correlation and causation?

correlation implies the cause and effect relationship,, but casuality doesn't imply correlation.


What is the difference between positve and negative correlation?

Positive correlation has a positive slope and negative correlation has a negative slope.


What is the correlation between nutrition in insectivorous plants plants and their habitat?

what is the correlation between nutrition in insectivorous plants and their habitat