explian the concept of balanced budget
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A balanced budget is a situation in financial planning or the budgeting process where total expected revenues are equal to total planned spending. ... A budget can also be considered balanced in hindsight after a full year's worth of revenues and expenses have been incurred and recorded
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2
Answer:
A balanced budget is a situation in financial planning or the budgeting process where total expected revenues are equal to total planned spending. ... A budget can also be considered balanced in hindsight after a full year's worth of revenues and expenses have been incurred and recorded
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