program budgeting

program budgeting definition - business

program budgeting

Establishing a budget by grouping expenditures and revenues into functional activities, or programs. Rather than having a budget item for capital equipment that might be spread over many different programs (as is done in line-item budgeting), a program budget would include only proposed capital expenditures for a specific program.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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