Front

Incremental budgeting

Back

is a process where budget figures

are minor changes from the preceding period’s budgeted or actual data.

Front

Flexible budget

Back

is a budget that is designed to change

along with the sales volume or production levels.

Front

Budget holder

Back

is responsible for the use and

management of a particular budget.

Front

Zero budgets

Back

exist when budgets are automatically set

at zero and budget holders have to argue their case to receive any funds.