$11$ You realize that you will need additional budget for the work to get done. You talk with the CFO about making additional funds available. He asks you how much you need. You respond that you need to do the analysis and will get back to him. You work through all of the possible costs and build a budget based on the details.

This type of budgeting is called

Capital budgeting

Top$-$down budgeting

Bottom$-$up budgeting

Cross$-$functional budgeting

$12$

You deliver your budget figure to the CFO. The CFO starts asking you questions about whether the project will create any assets the company can write off incrementally over time. What kind of project budget is the CFO exploring with his questions?

Capital budget

Cash budget

Balance sheet budget

$$ Expense budget