Question

Define" nutrient budgets". Differentiate between internal and external budget.

Answer 1

Nutrient budgets offer insight into the balance between crop inputs and outputs. In short, they compare nutrients you apply to the soil to nutrients taken up by crops.

Answer 2

Nutrient budgets refer to the analysis of how much input one applies to the soil as crops grow and how much of the input the crops absorb and produce.

Internal budgets are estimates of revenue or income, expenses and expected profits derived from the operations of an entity.

External budgets on the other hand are estimates of how much an entity may require from outside entities e.g. loans.