what is functional budgeting?
338297
I believe this refers to setting a business' budget by functional area such as operations, engineering, human resources, finance, etc.  Each functional area or department would set its own spending limits (budget) for the coming year, month or other period.
266110
Budgeting involves planning your and/or your family's revenue and expenditure. Basic things you need to do related to this are:\n\n* Monitor expenditure and revenue;\n\n* Review your budget periodically as a result of this new information or to set new goals;\n\n* Have a 60-40 rule with 60% in fixed bills and rent and 40% on discretionary expenditure and 10% on irregular expenditure, savings goals, retirement and fun;\n\n* Try to have your rent or mortgage at now more than 25% of the budget;\n\n* As far as possible, Keep It Simple Stupid.
795152
There could be many reasons.  But, ultimately it helps management actually manage the business better by having it broken out into functional areas.  \n\nYou can divide a business up into functional areas such as Human Resources, Finance, Accounting, Production, Research & Development (R&D), etc. etc.   Imagine how hard it might be to have one manager over all of those areas?  But if you break it out, and you have one person directly responsible for a function, they will most likely have an expertise in that field.  Such as an HR Director.\n\nFrom a cost perspective, you can track costs more accurately by functional areas and also allow each area to create its own budget and then you can do budget analysis to see if that area is adding to the overall profit of the business.\n\nHope that helps some.
2815
Reports that "provide an up-to-date record of commitments and expenditure within budgets so that unexpected over/under run costs do not result, ensuring that all transactions are properly recorded and authorised and, where appropriate, decisions are justified."\n\nAccording to the site I found:\n\n"Reports show cost forecasts for each approval stage, supplemented by evidence that costs achieve value for money – that is, they reflect the most economically advantageous price compatible with the specified quality; reports provide an accurate and timely summary of full and proper accounts that monitor all transactions, payments and changes relating to the project."\n\nThe site also says that reports contain:\n\nCost center code/description\nApproved budget\nExpenditure to date\n% complete\nEstimated final cost\nVariation + or (-)
325334
Hi,\n\nWell I dound an interesting website that gives an overview of the federal budget. Take a look at : http://www.federalbudget.com/  .\n\nGood Luck!
112191
Efficient is being able to get things done quickly. Sufficient means good enough.
677295
Something to do with COSTING. Try this,
646423
Many states capital budgets are  primarily funded through the issuance of state general obligation bonds. Items funded in capital budgets often include land acquisition, repair, renovation and construction of state facilities; acquisition, construction and repair of state parks, schools, trails, interpretive centers, campground facilities, forests, wildlife management areas, dams and flood control structures.\n\nLease pruchase contracts are also used to purchase vehicles, equipment and other large non real estate purchase.
1011376
Functional programming is a programming paradigm that conceives computation as the evaluation of mathematical functions and avoids state and mutable data. Functional programming emphasizes the definition of functions, in contrast to imperative programming, which emphasizes changes in state and the execution of sequential commands.\n\nhttp://en.wikipedia.org/wiki/Functional_programming_language\n\n\nIn computer science, imperative programming, as opposed to declarative programming, is a programming paradigm that describes computation in terms of a program state and statements that change the program state. In much the same way as the imperative mood in natural languages expresses commands to take action, imperative programs are a sequence of commands for the computer to perform.\n\nhttp://en.wikipedia.org/wiki/Imperative_programming
638332
They assist in managing finances
1090153
What goes in: Every invoice or receipt that is paid out. Labor, lumber, permit fees, pizza for the local kids who might help, etc.\n\nIf you're computer-savvy, Microsoft Excel is a simple but competent way to keep track of the expenses. If not, then feel free to do it the old-fashioned way by pen and ink.\n\nSimplest way to organize it would be a sequential listing by month. At the end of the month, tally the month's expenditures. If you want information by category, e.g., how much have we spent on lumber to date, then you could make the colums as categories. In that case, a computer program such as Excel would come very much in handy but it's not critical.\n\nBest of success.
227189
The Key is NECESSITY. If you have trouble with spending money, then try to stick with only buying items that YOU NEED and  you know what you really need or not and what you can do without.  Also try to limit the amount you spend each week and try to maintain a certain amount for each week and that will limit your use.\n\nOh and most importantly, PUT MONEY ASIDE FOR  YOUR BILLS FIRST BEFORE ANYTHING ELSE, then things might go a little smoother for you. But dont forget the key, Think: NECESSITY AND BILLS.
409282
In terms of business unit strategy, of Porter's generic strategies, Walmart is attribute the "Low Cost" strategy instead of the differentiation or scope/niche strategy. \n  In terms of functional operational strategies, they are pursuing value chain optimization, service, marketing strategies which all have their own jargon.  In terms of international strategies they tend to pursue "Direct Investment" strategies where they prefer to build or buy their expansion rather than partner with existing firms.
238444
To have deficit spending
134061
Simple term: government spending.
496674
A link budget is the accounting of all of the gains and losses from the transmitter, through the medium (free space, cable, waveguide, fiber, etc.) to the receiver in a telecommunication system. It takes into account the attenuation of the transmitted signal due to propagation, as well as the loss, or gain, due to the antenna. Random attenuations such as fading are not taken into account in link budget calculations with the assumption that fading will be handled with diversity techniques.\n\nA simple link budget equation looks like this:\n\nReceived Power (dB) = Transmitted Power (dBm) - Losses (dB)
1051842
First, when I compare my expenditures to those of my friends, the obvious savings is the fact I do not own a vehicle.  Even with monthly bus passes and the occasional taxi, I spend hundreds less monthly.  Second, I look over my budget almost weekly to see how things might work better.  Once, I worked in a set amount of retirement/savings into my budget so it became a "necessity" like any other bill.  Suddenly, my cable and cell phone stood out as nice-to-haves, not need-to-haves, so I cut them out entirely.  Third, though I'm always on top of my bills, I started using auto-pay functions to ensure I would never get behind.  Fourth, I started eating in and brown-bagging far more, which decimated the amount I was spending eating out.  My next step is to have my bank automatically send money monthly to my investor, like a bill, so it gets done despite how busy I get.