define budget? what are
the types of opffbmyzwz
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- A government budget is an annual financial statement which outlines the estimated government expenditure and expected government receipts or revenues for the forthcoming fiscal year.
- Depending on the feasibility of these estimates, budgets are of three types -- balanced budget, surplus budget and deficit budget.
- The budget of a government is a summary or plan of the intended revenues and expenditures of that government. There are three types of government budget = the operating or current budget, the capital or investment budget, and the cash or cash flow budget
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plan of how to spend an amount of money over a particular period of time; the amount of money that is mentioned is budget
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