What Does EOB Stand For?

EOB stands for Expense Operating Budget

EOB, or Expense Operating Budget, refers to a detailed financial plan that outlines an organization's expected operating expenses over a specific period, typically a fiscal year. It serves as a management tool to allocate resources efficiently, monitor spending, and ensure that financial goals are met. The EOB includes various categories of expenses, such as salaries, utilities, maintenance, and other operational costs, facilitating informed decision-making and fiscal accountability.

Other Meanings for EOB