Question

define budget and 2 example ​

Answer 1

Explanation:

A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. ... It may include a budget surplus, providing money for use at a future time, or a deficit in which expenses exceed income.

Answer 2

Answer:

A budget is a formal statement of estimated income and expenses based on future plans and objectives. In other words, a budget is a document that management makes to estimate the revenues and expenses for an upcoming period based on their goals for the business.

EXAMPLE:

Strategic Planning

Estimates.

Explanation:

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