DISCRETIONARY BUDGETING Definition

Bookmark and Share

DISCRETIONARY BUDGETING see DISCRETIONARY SPENDING.

Learn new Accounting Terms

EXPECTED VALUE OF PERFECT INFORMATION (EVPI) is the difference between the expected value with (additional) perfect information and the expected value with current information. The expected value of perfect information is the maximum amount a decision maker should pay for additional information that gives a perfect signal as to the state of nature.

NEW PENCE is a currency of United Kingdom (military issues).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.