Budgeting

A budget process that involves the formulation of estimates of revenues and expenditures by the executive departments and agencies.

• Budget Preparation

• Budget Authorization

• Budget Execution

• Budget Accountability

Factors that impact the outcome of a project, like changes in production levels or decreases in customer satisfaction, are intangible costs.

• Intangible Cost

• Tangible Cost

• Real Cost

• Indirect Cost

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MOOE means

Guess the Philippine Government logo

A budget process that covers the allotment of appropriations by the central budget authority to, and the incurrence of obligations by, the spending departments and agencies of government.

• Budget Authorization

• Budget Preparation

• Budget Accountability

• Budget Execution

These expenses are not directly associated with the project but the company needs to include them in the budget. They can include rent, utilities and administrative expenses.

• Direct Cost

• Indirect Cost

• Real Cost

• Tangible Cost

This involves the reporting of actual performances against plans or targets.

• Budget Preparation

• Budget Authorization/Legislation

• Budget Execution

• Budget Accountability

Implementing Guidelines on the Direct Release and Use of Maintenance and Other Operating Expenses (MOOE) Allocations of Schools, including other funds managed by schools.

• DO # 12, s. 2016

• DO # 13, s. 2016

• DO # 14, s. 2016

• DO # 15, s. 2016

The following statements are the importance of cost analysis, except

• Solves problem

• Help decision-making

• Worsen the problem

• Keeps stakeholder involved