Cryptocurrency Q&A
What is COB in budget?
What is COB in budget?
SsangyongSpiritedStrengthCourage
Thu Nov 14 2024
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7 answers
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I'm trying to understand the meaning of COB in the context of budgeting. I've encountered this term several times while reviewing budgetary documents, but I'm not sure what it stands for or how it's used in the budgeting process.
7 answers
SsamziegangSerenadeMelody
Sat Nov 16 2024
The Corporate Operating Budget (COB) is a financial plan that outlines the expected revenues, expenditures, and other funding sources for a particular budget year.
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emma_rose_activist
Sat Nov 16 2024
This budget is specific to Government-Owned or -Controlled Corporations (GOCCs) and Government Financial Institutions (GFIs).
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Claudio
Sat Nov 16 2024
The estimates for the COB are recommended by the Governing Board of the corporation.
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EchoSoulQuantum
Sat Nov 16 2024
The Governing Board is responsible for overseeing the operations and financial management of the GOCC/GFI.
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AmethystEcho
Fri Nov 15 2024
After the Governing Board has made its recommendations, the COB must be approved by the President of the country.
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