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Define performance budgeting according U.S. bureau of budget
U.S. bureau of budget defines performance budget as one which presents purposes and objectives for which funds are required the cost programmer proposed for achieving those objectives and data measuring the accomplishment and work performance under each programmers.
In short performance budgeting may be defined as a technique for presenting operating in item of function programmer activity and projects. Hence, it may be described as a budgetary system where the input cost are related to the performance i.e the and results.
Cash budget is a detailed budget of income and cash expenditure including both capital and revenue items. For control reasons the year's budget is usually phased in smaller periods
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How many forms of break even charts?
Traditional budgeting vs. zero base budgeting 1) Traditional budgeting is accounting oriented. Main stress happens to be on previous level of expenditure. Zero base budgeting m
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Question 1: (a) Use indifference curves to distinguish between income and substitution effects. (b) Hence, using the above techniques explain why the demand curve slope down
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