Question
Download Solution PDFWhich of the following is NOT a type of budgeting?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFBudgeting is a planning process in which expenditure and revenue of the organisation over a specific time period are accounted for . ‘Budget’ is a plan document and a financial statement which provides details of the proposed revenues and their utilisation for expenditure for a specific period, usually an
year.
Key Points Budgetary Methods and Techniques
- Line Item or Incremental or Historical or Object-of ExpenditureType Budgeting
- Formula Budgeting
- Programme Budgeting
- Performance Budgeting
- Planning Programming Budgeting System (PPBS)
- Zero-Based Budgeting (ZBB)
Last updated on Jun 19, 2025
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