What is Budget? Types of Budget-Classification of Budget w.r.t Time Flexibility & Functions
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- Опубліковано 3 жов 2024
- Following are the concepts discussed in this video:
What is Budget?
Types of budget
budget types in hindi
what is budget and types
According to the time:
1-Short Term Budget 2-Long Term Budget
3-Current Budget 4-Rolling Budget or progressive budget
According to the Flexibility:
1-Fixed Budget 2-Flexible Budget
According to the Function:
Sales Budget
Production Budget
Production Cost Budget
Raw Material Budget
Purchase Budget
Labour Budget
Production Overhead Budget
Selling and Distribution Budget
Administration Cost Budget
Capital Expenditure Budget
Cash Budget
#budget #budgettypes #shorttermbudget #cashbudget #salesbudget #productionbudget #overheadbudget #fixedbudget #flexiblebudget #progressivebudget #rollingbudget #labourbudget #laborbudget #purchasebudget #capitalexpenditure #administrationcostbudget
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Difference between current budget and rolling budget ???
Rolling budget, or continuous budget, is one that you update on a regular, ongoing basis. This budgeting type gradually extends the current year's budget by adding a new budgeting period as the previous period expires, such as anticipating the budget for the next month or quarter. While current budget is the amount of budget available to spend in the current fiscal year period.
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