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A system of policies and procedures designed to manage risk and ensure accountability.

A stage in a process where performance or quality is verified.

A method used to distribute expenses across business units or initiatives.

An approved estimate of expected expenses used for tracking financial performance.

A department or function responsible for managing expenses without directly generating revenue.

Achieving desired results while minimizing unnecessary expenses.

A comparison of achieved output relative to total expenses.

A prediction of future expenses based on current trends and assumptions.

The structured approach used to assign resources across markets, customers, or territories.