answersLogoWhite

0

Traditional budgeting is the amount of money that you allot for a period of time that is for a specific financial obligation. These would be for insurance, rent or entertainment.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

How can you use budget in sentence?

They had a small budget to build the bridge so they had to save whatever they could.Because of this year's low budget, the school board was forced to overlook the traditional annual school carnival.


Traditional Design?

form_title=Traditional Design form_header=Who says traditional isn't beautiful? Create a home with traditional design. What is your budget for the traditional redecorating?=_ How many rooms will you be redecorating?= {(),1,2,3,4,5,6,7,8,9,10,11,12,13,14,15} Do you have any pieces picked out to coordinate with?= () Yes () No


What are the major features of traditional budgeting system?

The major features of traditional budgeting system include incremental budgeting based on previous year's budget, top-down approach where targets are set by senior management, detailed line-item budgets for each department, and annual budget cycles.


What is the difference between activity based budgeting and traditional budgeting?

The activity based budgeting will give a percentage of the budget to the sections that are the most used. Traditional just splits it all up evenly.


Why people prefer to go on a Traditional Airline than a Budget Airline?

Because all extras such as food, eye-shades and head-phones, and in-flight entertainment are included in the price of the ticket on traditional airlines.


What is Beyond Budget?

Beyond budgeting (BB) is a specific idea which regards the abolition of the traditional budget process as the trigger for improving management control within organizations by a fundamental re-examination of how they might be managed better.


How to travel Thailand on a budget while still experiencing the best of its culture and attractions?

To travel Thailand on a budget while experiencing its culture and attractions, consider staying in budget accommodations like hostels or guesthouses, eating street food, using public transportation, and visiting free or low-cost attractions such as temples and markets. Research and plan ahead to find affordable activities and transportation options. Embrace the local culture by interacting with locals, trying traditional foods, and participating in cultural activities like Thai cooking classes or traditional dance performances.


What is off-budget federal agency?

An off-budget federal agency is a government entity that operates outside the regular federal budget process, allowing it to bypass traditional budgetary constraints and reporting requirements. These agencies can generate their own revenues and may have more flexibility in managing funds. Examples include the Postal Service and certain government-sponsored enterprises. Off-budget treatment can lead to less transparency regarding total government spending and fiscal health.


What is the budget of Congressional Budget Office?

The budget of Congressional Budget Office is 46,800,000 dollars.


How much is it to fix a pbx?

Traditional pbx system takes huge bite of budget in maintenance especially in hardware replacement, but if you are hosted, you only pay the service you get and free from worrying maintenance.


What is the role of a budget committee?

The role of the budget committee is to help create a federal budget and oversee that budget. They prepare the budget resolution and review budget related laws and bills.


What are the components of a master budget?

an operating budget and a capital budget