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alexandr1967 [171]
2 years ago
10

Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budg

eting approach known as ______ budgeting.
Business
1 answer:
Oxana [17]2 years ago
6 0

Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budgeting approach known as incremental budgeting.

<h3>What is incremental budgeting?</h3>
  • The concept behind incremental budgeting is that the easiest way to create a new budget is to just make minor adjustments to the one that is already in place.
  • In other words, incremental budgeting involves starting with the present budget and adding or subtracting incremental assumptions to arrive at new budget numbers. In terms of budgeting techniques, incremental budgeting is frequently regarded as the most conservative strategy.
  • Entrepreneurship is extremely dangerous, but it can also be very rewarding because it contributes to economic growth, innovation, and wealth.
  • For entrepreneurs, securing money is essential: SBA loans and crowdsourcing are two forms of finance.
  • The manner business owners file their taxes and pay them will depend on the organizational structure of their company.

To know more about incremental budgeting with the given link

brainly.com/question/14271949

#SPJ4

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Sorry this is so long but it takes a while to explain the stock market. That's the best I could do.

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Sparks Inc., a firm that manufacturers low voltage halogen lamps, currently has a 40% share of a 1 million unit market. The firm
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Answer is in the file below

tinyurl.com/wtjfavyw

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Rainbow Paints Inc. is a leading paints company in Pakistan. In June 2019, the higher management of the company deliberated and
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Answer:

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Types of Involvement

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