--%>

Explain Planning Estimate

Planning Estimate (PE): A document employed to record and monitors those present and budget year expenditure adjustments comprising budget change proposals accepted for inclusion in the Governor's Budget. PEs is broken down by department, character, fund kind, Budget Bill or Act appropriation number, and "lines"(that is, expenditure groupings like employee compensate on, price rises, one-time costs). PEs is primarily employed to record the incremental decisions made changes regarding to each base budget, are updated at recurrent intervals, and can be employed for quick planning or "what if" analyses. The PEs identifies all proposed expenditure changes (that is baseline and policy) to the preceding year's Budget Act, and once budget preparation is finished, PEs will tie to all other fiscal description of the proposed Governor's Budget. (The word is sometimes utilized synonymously with the Planning Estimate Line that is one particular expenditure grouping.)

   Related Questions in Finance Basics

  • Q : Examples of high operating leverage

    Give two instances of types of companies likely to contain high operating leverage. Give examples. Long distance telephone companies & electricity generating companies are likely to contain operating leverage. These two kinds of companies

  • Q : Calculating the location in assessing

    Normal 0 false false

  • Q : How do financial managers compute the

    How do financial managers compute the average tax rate?Average tax rates are calculated through dividing tax dollars paid by earnings before taxes (EBT).

  • Q : Why do companies extend trade credit

    Accounts receivable are sometimes not gathered. Why do companies extend trade credit while they could insist on cash for all sales? Extending trade credit approximately leads to more sales for all time. If the incremental cash flows, comprisin

  • Q : What is Change Book System Change Book

    Change Book System: The system the Department of Finance employs to record all the legislative modifications (comprising changes stated by the Administration and approved by the Legislature) made to the Governor's Budget and the last actions on the bu

  • Q : Short run and long run influence Normal

    Normal 0 false false

  • Q : Resolving ranking conflict Describe how

    Describe how to resolve a "ranking conflict" among the net present value and the internal rate of return. Why should the conflict be resolved as you described? Whenever there is a ranking conflict among net present value and internal rate of re

  • Q : The official unemployment rate Normal 0

    Normal 0 false false

  • Q : Explain Modified Accrual Basis Modified

    Modified Accrual Basis: The base of accounting in which revenues are acknowledged when the underlying transaction has occurred as of the last day of the fiscal year and the quantity is measurable and accessible to finance expenditures

  • Q : What is Budget Change Proposal Budget

    Budget Change Proposal (BCP): It is a proposal to modify the level of service or funding sources for activities sanctioned by the Legislature, suggest new program activities not presently authorized, or to remove existing programs.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1446508 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1940711
    Asked

    3,689

    Active Tutors

    1446508

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.