Incremental Budgeting

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August 31, 2024 3 min read Definitions

Incremental Budgeting: Traditional Approach with Adjustments

Finance Management Incremental Budgeting Budget Planning Financial Management Adjustments Traditional Approach

Incremental budgeting is a traditional budgeting process where the new budget is based on adjustments to the previous period's budget. This article discusses its definition, types, applications, comparisons, and related terminologies.

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