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Major processes of budgeting are:
1.preparation of estimates of revenue
2.preparation of estimates of expenditure
3.presentation of budget in parliament
4.general discussion in parliament on budget
5.voting of demands
6.passing of financial bill
7.exection of budget
8.budget becomes law after the assent of president
9.distribution of funds.......
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How do you do the factory budget?
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
What is a major feature of incremental budgeting?
Provides small increases in the current budget over the previous year's budget.
What does the word budgeting mean?
Budgeting means making a financial plan about how much money to spend on specific items. You might say for example, I am budgeting a thousand dollars for snacks.
What are the advantages and disadvantages of incremental budgeting?
Some of the advantages of incremental budgeting are that this type of budgeting is easy and quick. Some disadvantages of incremental budgeting are that different methods for achieving the objective may not be considered and if the budget is not fully spent it can be reduced during the next period.
Where can one learn how to use zero based budgeting?
Zero based budgeting is a really good approach to planning and making decision which is the opposite of traditional budgeting. The term "zero-based budgeting" is sometimes used in personal finance to describe "zero-sum budgeting", the practice of budgeting every dollar of income received, andthen adjusting some part of the budget downward for every other part that needs to be adjusted upward.
How do you do the factory budget?
Budgeting and forecasting are business processes essential to a company's operations. Budgeting involves planning for revenues and expenses. Forecasting is a method of predicting trends based on historical and current.
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 are the advantages of planning programming budgeting systems?
When it comes to planning programming and budgeting systems, there is one major advantage over alternative methods. That is the ability to integrate long range planning, execution, and budgeting for any system.
What does the process of budgeting encompass?
what does the process of budgeting encompass? what does the process of budgeting encompass?
What is a major feature of incremental budgeting?
Provides small increases in the current budget over the previous year's budget.
What is an example of incremental budgeting?
A good example of incremental budgeting is like that used by governments. A government can simply look at the previous year's budget and decide to make greater allocations to each major cost such as education or military.
What is rational budgeting?
budgeting that's rational
What is the definition of 'Marketing Budgeting'?
marketing budgeting
Is observing is one of the 2 major processes used in science?
processes in observing processes in identifying processes in desribing processes in comparing processes in classyfying processes in inferring processes in guessing processes in preducting processes in hypothesizing processes in measuring processes in experamenting
Water budgeting and marketing?
BUDGETING AND MARKETING OF WATER
What is Expense Budgeting Why we have to prepare Expense Budgeting?
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Objectives of capital budgeting?
what are the objective of capital budgeting
