Economy, asked by princess2815, 10 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).

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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

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