Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Performance Budget

Updated on 2023-08-29T11:57:18.088559Z

Performance budgeting refers to the proces of developing budgets based on the relationship between a program's funding levels and expected results from that program. In an organisation, performance-based budgeting helps in managing costs based on the evaluation of the productivity of the different operations.