Economy, asked by PragyaTbia, 1 year ago

Define what is budget.

Answers

Answered by 050510
16
A BUDGET IS A PLAN OF HOW TO SPEND AN AMOUNT OF MONEY OVER A PARTICULAR PERIOD OF TIME

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Answered by aqibkincsem
5

A budget is a well-known term that can be considered as the financial plans for a certain time duration, one 12 months.

It may consist of planned sales revenues and volumes, expenses and costs, cash flows, liabilities and resource quantities.

Families, governments, companies and other organizations actually utilize it for expressing the strategic plans of events or activities in the measurable terms.

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