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A functional budget is a budget which relates to any of the functions of an undertaking. E.G. sales, production, research, development..

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Q: Types of functional budget
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Related questions

What are the types of functional budgets?

There are a few different types of a functional budget. These include a sales budget, production budget, and a purchase budget.


What are the different types of functional budgets?

There are a few different types of a functional budget. These include a sales budget, production budget, and a purchase budget.


What are the different types of functions?

There are a few different types of a functional budget. These include a sales budget, production budget, and a purchase budget.


What are different type of function?

There are a few different types of a functional budget. These include a sales budget, production budget, and a purchase budget.


What are functional budgets?

A functional budget is a budget that has a purpose and works well for the company or individual using the budget. Having a functional budget is important so finaces stay in order and are accurate.


Importance of functional budget?

You need your budget to be functional or else you might as well get rid of it. A functional budget can help you to stay on track and know where your money is.


Illustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget?

iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget


What is a functional budget?

a budget of income and/or expenditure applicable to a particular function. A function may refer to a department or a process. Functional budgets frequently include the following: production cost budget (based on a forecast of production and plant utilization); marketing cost budget; sales budget; personnel budget; purchasing budget; and research and development budget.A functional budget is the budget that is achievable and is related to a specific unit or process or function or department of the organisation. It is a group of related activities aimed at accomplishing a major service or program for which a unit of government is responsible.A functional budget is prepare for a process of function.


What are five different types of functional documents?

types of functional documents?


Is a summary budget incorporating the functional budgets which becomes the overall olan for the business is known as?

MASTER BUDGET


The individual budgets which go to make up the whole are termed as?

FUNCTIONAL BUDGET


What are the types of regionalism?

There are 3 types of regions. They are: Formal, Functional and Perceptual.