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BIDS AND AWARDS COMMITTEE II Project:PR No.: Approved Budget: for the ContractHOTEL ACCOMMODATION FOR COO ROADSHOW AND FOR CAMPUS CARAVAN GUITARS 2020010009 SIXTY THOUSAND PESOS (60,000.00)Date:Quotation

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How to fill out approved budget

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Gather all necessary financial information, including income and expenses.

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Determine the timeframe for the budget (monthly, quarterly, annually, etc.).

03

Break down expenses into categories such as fixed costs, variable costs, and discretionary spending.

04

Allocate funds to each category based on priority and necessity.

05

Review and adjust the budget as needed to ensure it is realistic and achievable.

06

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What is approved budget?

Approved budget is the financial plan that has been reviewed and agreed upon by the appropriate authorities for a specific period.

Who is required to file approved budget?

The organization or department responsible for managing the budget is required to file the approved budget.

How to fill out approved budget?

The approved budget is typically filled out by detailing the income and expenses anticipated for the upcoming period.

What is the purpose of approved budget?

The purpose of the approved budget is to provide a roadmap for financial decisions and ensure that resources are allocated effectively.

What information must be reported on approved budget?

The approved budget must include details of anticipated income, planned expenses, and any relevant financial projections.

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