Which type of budget focuses on funding specific programs across various divisions?

The type of budget that emphasizes funding specific programs across various divisions is known as the matrix budget. This approach allows for a more flexible allocation of resources and facilitates collaboration between different departments or divisions within an organization. By focusing on specific programs rather than just line items or departmental needs, a matrix budget enables organizations to prioritize funding based on project requirements and outcomes, ensuring that resources are effectively utilized to meet strategic objectives.

In contrast, an operating budget typically details the expected income and expenditures related to day-to-day operations. This type of budget focuses more on overall operational costs rather than individual programs. A line-item budget, on the other hand, categorizes expenditures by specific items or services, which can limit the ability to fund programs that span multiple departments. Lastly, a capital budget is geared towards long-term investments in physical assets, such as equipment or infrastructure, rather than ongoing program funding. The matrix budget's unique structure allows for better alignment of resources with program goals, making it a valuable tool in organizational budgeting strategies.