Operating budget

Operating budget

An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of the operation including reimbursable work or services for others. It also includes estimates of workload in terms of total work units identified by cost accounts.

In the United States, businesses along with state and local governments divide their budgets into two types: the operating budget and capital budget. The operating budget is used to keep track of maintenance operations, salaries, and interest payments.

more information: http://www.plu.edu/~mgtacctg/operational_budgeting.htm


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • operating budget — UK US noun [C] ACCOUNTING ► a detailed plan of all expected income and expenses (= money spent) of a business during a particular period, usually a year: »The department has an annual operating budget of about $76 million …   Financial and business terms

  • operating budget — A forecast of the financial requirements for the future trading of an organization, including its planned sales, production, cash flow, etc. An operating budget is normally designed for a fixed period, usually one year, and forms the plan for… …   Big dictionary of business and management

  • operating budget — veiklos biudžetas statusas T sritis Gynyba apibrėžtis Prieš tam tikrą laiką parengta ir patvirtinta finansinė prognozė, kuri parodo įrangos eksploatavimo ar veiklos vykdymo sąnaudas. atitikmenys: angl. operating budget ryšiai: susijęs terminas –… …   Lithuanian dictionary (lietuvių žodynas)

  • operating budget — noun a budget for current expenses as distinct from financial transactions or permanent improvements (Freq. 1) • Hypernyms: ↑budget • Part Meronyms: ↑operating expense, ↑operating cost, ↑overhead, ↑budget items …   Useful english dictionary

  • operating budget — A collection of individual budgets that combine to form a part of a firm s integrated business plan, usually for the next year. It is normally composed of a sales budget and a production budget …   Black's law dictionary

  • operating budget — See: production budget …   Accounting dictionary

  • operating budget — / ɒpəreɪtɪŋ ˌbʌdʒɪt/ noun a forecast of income and expenditure over a period of time …   Marketing dictionary in english

  • operating budget — / ɒpəreɪtɪŋ ˌbʌdʒɪt/ noun a forecast of income and expenditure over a period of time …   Dictionary of banking and finance

  • Бюджет операционный (OPERATING BUDGET)  — План доходов и расходов, связанный с ведением операционной деятельности за определенный период. Называется также текущим бюджетом. Ср. с Бюджет капитальных вложений (Capital Budget) …   Словарь терминов по управленческому учету

  • budget — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ fixed, limited, low, modest, shoestring, small, tight ▪ The film was was made on a shoestring budget …   Collocations dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”