Flexible Budget

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Definition: Flexible Budget

Flexible Budget

Quick Summary of Flexible Budget

A set of revenue and expense projections at various production or sales volumes. The cost allowances for each expense are able to vary as sales or production vary.

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Examples of Flexible Budget in a sentence

They did not have a very flexible budget to work with and that came across in their day-to-day activities.

The flexible budget had included the cost of hiring a consultant who would be able to help coordinate and delegate tasks.

You need to try and keep a very flexible budget so that you can afford to take on good opportunities when they present themselves.

Related Phrases

budget

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/flexible-budget/
Modern Language Association (MLA):
Flexible Budget. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/flexible-budget/.
Chicago Manual of Style (CMS):
Flexible Budget. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/flexible-budget/ (accessed: April 19, 2024).
American Psychological Association (APA):
Flexible Budget. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/flexible-budget/

Definition Sources

Definitions for Flexible Budget are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st November, 2021 | 0 Views.