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What is Definition of material budget?
Define material budgets
What is the definition of over budget?
Spending more than planned (Budgeted for) for a specific purpose.
What is the definition of a budgeting process?
The definition of budgeting process is when governments create and approve a budget. Basically it's the setting of an expenditure with respect to the organizations core function which is responsible for the overall functionality of the firm.
Definition of budget padding?
Padding the budget means making the budget proposal larger than the actual estimates for the project. This is done either by increasing a project's expenses or decreasing its expected revenue. The goal of budget padding is to get an approval committee to grant an artificially high level of funding to the budget maker's proposed project. There is some contention over the exact definition of padding: some contend that inflating expenses to take expected inflation into account is responsible foresight rather than padding, while others see any increase beyond current estimates as padding.
What is interim dividends?
Interim dividends are the dividend payments a company makes before the Annual General Meeting and final financial statements.
