What is the difference between budget reserves and management reserves?

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What is the difference between budget reserves and management reserves?

2007-10-11 02:16:16 · 4 answers · asked by ameri0903 3 in Business & Finance ➔ Other - Business & Finance

4 answers

Budget reserves is money kept in reserve to operate the standard budget. For a company it would be money to pay for products, labor, rent, light bills, desks, etc. Management reserves is money reserved to pay managers salaries

2007-10-11 02:26:20 · answer #1 · answered by maplewoodjoe 4 · 0⤊ 0⤋

I have asked the same question 3 times, and haven't gotten an answer

2016-08-26 02:31:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Extremely good question, hope we get some good answers

2016-07-30 05:05:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋

both are all contingencies to cover risks

2014-05-16 13:13:45 · answer #4 · answered by soliman 1 · 0⤊ 0⤋