What is the term for the practice of assigning funds to particular categories in order to cover

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What is the term for the practice of assigning funds to particular categories in order to cover expenses, handle outstanding debts, allocate resources for future objectives, or establish a financial safety net?

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Apr 04, 2024 11:35 PM

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What is the term for the practice of assigning funds to particular categories in order to cover

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The term is budgeting Budgeting refers to the entire p... View the full answer

Fundamentals of Financial Accounting

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