Financial Reporting - Budgets

The flashcards below were created by user playboy35 on FreezingBlue Flashcards.

  1. What are the different types of budgets?
    –Operating Budget

    –Capital Budget

    –Project Budget

    –Cash
  2. Operating Budget
  3. –Adopted (legal) annual/biennial budget
  4. –Typically “fixed”
  5. Formal amendment required to change
  6. Capital Budget
  7. –Linked to Capital Improvement Plan (CIP)
  8. –Can be multi-year
  9. –Current year can be incorporated into operating budget
Author:
playboy35
ID:
132635
Card Set:
Financial Reporting - Budgets
Updated:
2012-02-05 18:15:44
Tags:
CGfO budget financial reporting
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Description:
Financial Reporting - Budgets
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