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Related Definitions
Capital budgeting systems Capital budgeting systems refer to systems that ensure the acquisition and disposal of capital assets, such as land, buildings, and so on.
Multinational capital budgeting Multinational capital budgeting means the investment in real productive assets in foreign countries; focuses on the case inflows and outflows associated ...
Capital budgeting Capital budgeting is the analytical approach used to determine whether investment in long-lived assets or projects is viable.
Zero-based budgeting Zero-based budgeting is a budgeting system that starts with no authorized funds as a starting point. In a zerobased budget, each activity or program to be funded
Participative budgeting Participative budgeting is a budgetary approach that starts with input from lower-level managers and works upward so that managers at all levels participate.
The Benefit of Budgeting The primary benefit of budgeting are:
It requires all levels of management to a plan ahead and to formalize goals on a recurring basis. It requires...