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Since annual budget requests are prepared approximately six months in advance, what basis is used to estimate expenditures for the current year? A . Prior
Since annual budget requests are prepared approximately six months in advance, what basis is used to estimate expenditures for the current year?
A Prior year experience and percent of current year's allocation
B Prior year experience, expenditures to date, and anticipated expenditures for the balance of the year
C Expenditures to date and prorated percentage of expenditures to date for balance of the year only
D Prior year experience, expenditures to date, and a fixed percentage of expenditures to date for balance of the year.
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