Examlex
If a number has already been incremented beyond 1 for a first record in a field of the AutoNumber data type, the AutoNumber data type can no longer work as intended.
Budget Ratcheting
The practice of setting future budget allocations based on the current period’s expenditures, discouraging under-spending in fear of budget cuts.
Budget Lapsing
A type of budgeting that does not allow managers to carry over budget surpluses from one year into the next year. Under a budget lapsing system, funds not spent are lost at the end of the budget period.
Master Budgets
Comprehensive financial planning documents that include both operational and financial budgets, providing a complete picture of organizational financial activities.
Quantities Purchased
The total number of units bought during a given period, often tracked for inventory or supply chain management.
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