Budget Adjustments
For many companies, a budget is meant to be dynamic, meaning it can change in either direction based on business performance. If a company is performing better than expected, there may be need to increase spending to keep up with demand. Conversely, if a company is performing below expectation, you may expect a decrease in spend. In either case, a Budget that has already been created and in use can be altered in accordance with any forecasting data your company maintains.
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