Accountancy, asked by shubham425111, 6 months ago

a budget is a plan of action expressed in.....​

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Answered by kashyappawan1313
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Answered by PoojaBurra
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Financial terms.

  • A budget is a plan of action that is expressed in financial terms.
  • A budget is a financial operation plan that includes an estimate of proposed expenditures for a given period of time or purpose, as well as the proposed means of financing them.
  • It can even be described as a financial plan that lists anticipated expenses and income for a given time period.
  • The primary goal of a budget is to achieve certain goals, whether financial or personal in terms of the individual's saving and spending.
  • A budget aids in living within one's means by taking into account all household expenses, investment amounts, financial emergencies, and purchasing decisions.

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