__________ budgeting allows income and expenditures to be aggregated across projects.
A)Category-oriented
B)Activity-oriented
C)Project-oriented
D)Expense-oriented

Question

Quizplus · Accepted Answer

Project-oriented budgeting allows income and expenditures to be aggregated across projects. This type of budgeting is particularly useful for organizations that undertake multiple projects simultaneously and need to track the financial performance of each project individually. In project-oriented budgeting, all income and expenses associated with a specific project are allocated to that project, allowing organizations to better understand the financial impact of each project on the overall budget. Category-oriented budgeting focuses on grouping income and expenses into categories, while activity-oriented budgeting focuses on the activities involved in each project. Expense-oriented budgeting is focused solely on expenses rather than income.

__________ Budgeting Allows Income and Expenditures to Be Aggregated Across