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What does the Plus-2 Concept add to Barnlund's theory?
Operating Expenses
Ongoing expenses for operating a business, excluding the cost of goods sold but including costs like rent, utilities, and payroll.
Budgetary Slack
The practice of underestimating revenues or overestimating costs when preparing a budget, to create a buffer that makes budget targets easier to achieve.
Revenue Projection
An estimate of the future sales and income generated by a company during a specific period, often used in budgeting and planning.
Quarterly Production Budget
A financial plan that outlines the expected production costs and output levels for a business over a three-month period.
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