Economy, asked by princess2815, 9 months ago

explain the meaning of budget​

Answers

Answered by raushankumar3604
8

Answer:

heyy Dear here is ur ans --

Budget

A budget is an estimate of income and expenditure for a future period as opposed to an account which records financial transaction. Budget is an essential element in the planning and control of the financial affairs of a nation and is made necessarily (and essentially) because income and expenditure do not occur simultaneously (i.e., income or revenue receipts and expenditure flows do not always coincide).

Thank you

Answered by Avanti112
1

Explanation:

budget a plan of how to spend an amount of money over a particular period of time; the amount of money that is mentioned.

for example, the work was finished on time and within budget

Similar questions