Definitions for operating budget
This page provides all possible meanings and translations of the word operating budget
a budget for current expenses as distinct from financial transactions or permanent improvements
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
Find a translation for the operating budget definition in other languages:
Select another language:
Discuss these operating budget definitions with the community:
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Use the citation below to add this definition to your bibliography:
"operating budget." Definitions.net. STANDS4 LLC, 2015. Web. 6 Mar. 2015. <http://www.definitions.net/definition/operating budget>.