1.0 Chapter Introduction. When used in this chapter, the terms contract type. and type of contract refer to the contract compensation. arrangement. The contract compensation arrangement is the. method of determining the dollars due to the contractor. under the contract.
A budget (derived from old French word bougette, purse) is a quantified financial plan for a forthcoming accounting period.he budget of a government is a summary or plan of the intended revenues and expenditures of that government. There are three types of government budget: the operating or current budget, the capital or investment budget, and the cash or cash flow budget.
A financing strategy summarises targets, and the actions to be taken over a three to five year period to achieve the targets. It also clearly states key policies which will guide those actions.