Lump Sum Budgeting with a Cushion

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			              Lump Sum Budgeting with a Cushion
Salma Mumtaz, Pakistan, Member
Business environments are becoming less predictive and adherence to customary exercise of traditional annual budgeting has become less relevant in such an environment.

It may be more appropriate to allocate lump sum amounts with a cushion for emergencies which may be reviewed every quarter.
			            
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	                            (Beyond) Budgeting
	                          
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Lump Sum Budgeting with a Cushion

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