English translation: available scope of balancing options
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01:56 Feb 16, 2007
German to English translations [PRO] Bus/Financial - Real Estate / property maintenance costs
German term or phrase:bilanzpolitische Handlungsräume
One approach to budgeting for maintenance costs is to incorporate the estimates for the maintenance expenses for each property in the overall budget. To improve budgeting, this method may be supplemented by methods from the credit and insurance industries, such as "value at risk". Since the necessary detailed information for this is hard to obtain, "Aus diesem Grund erfreut sich in der Praxis nach wie vor die Budgetierung anhand des Aufwands des Vorjahrs oder * anhand bilanzpolitischer Handlungsräume * großer Beliebtheit.