Budgeting and Financial Planning Quiz

Estimation Budgeting (الموازنة التقديرية)

• The primary purpose of estimation budgeting is to allocate financial resources to projects or activities based on estimated costs and forecasts.
• Estimation budgeting refers to the process of allocating financial resources to projects or activities based on estimates of costs, revenues, and profits.
• Typically, the following individuals or groups are involved in the estimation budgeting process:
  • Project managers
  • Financial managers
  • Cost estimators
  • Business analysts
  • Department heads

"الموازنة التقديرية" refers to the process of creating a budget based on estimations and projections. The primary purpose of "الموازنة التقديرية" is to forecast and plan for future financial activities and expenditures. Typically, financial managers, accountants, and department heads are involved in the process of "الموازنة التقديرية". Test your knowledge of budgeting and financial planning with