Line-item budgets are commonly used by government agencies, educational institutions, and non-profit organizations. These entities utilize line-item budgeting to allocate funds for specific categories or items, facilitating easier tracking and accountability of expenditures. It is particularly effective in environments where funding sources are restricted, ensuring that resources are spent according to predefined categories. Additionally, businesses may adopt line-item budgets for project management and financial planning purposes.
The budget of Association of Community Organizations for Reform Now is 25,000,000 dollars.
The possessive form of the plural noun organizations is organizations'.Example: A group of the organizations' leadership will be meeting to discuss the federal budget cuts.
Because organizations don't have an unlimited amount of money. They can't waste it all.
Office of Management and Budget
There are budget cuts when organizations and governments do not have as much funds as they did in previous times. They must then reduce spending to compensate for the decline of money.
To help managers plan and control the organizations performance
They need to have a budget because they have to know how much money will be needed on the plan
Any one can use a budget
Creating a budget helps individuals and organizations manage their finances effectively by setting clear spending limits, prioritizing expenses, and tracking financial goals.
Within the constraints of the budget.
That steak dinner is beyond my current budget.
There aren't really any organizations that use those initials, and even if there are, it would be extremely hard to find them. I'm sure there are organizations that do use them, but are hard to track down.