Question

distinguish between basic and current budget​

Answer 1

Answer:

Thus, the key difference between a budget and a forecast is that the budget is a plan for where a business wants to go, while a forecast is the indication of where it is actually going. ... In short, a business always needs a forecast to reveal its current direction, while the use of a budget is not always necessary.

hope it helps you and thnkuu ❣️❣️❣️

Answer 2

$\huge\rm\purple{Question:}$

Distinguish between basic and current budget.

$\huge\rm\purple{Answer:}$

Difference between a budget and a forecast is that the budget is a plan for where a business wants to go, while a forecast is the indication of where it is actually going. In short, a business always needs a forecast to reveal its current direction, while the use of a budget is not always necessary.