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budget

An approved cost structure for an action or project in a particular period of time. Budgeting differs from cost planning in that it is binding. While you must estimate costs as accurately as possible during the planning phase, it is in the approval phase that you prescribe your funds, in the form of a budget.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Software
  • Category: ERP
  • Company: SAP

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