Accountancy, asked by rnegi1678, 8 months ago

The difference between the budget amount and the best estimate is called

Answers

Answered by singhpratima008
0

Answer:

An estimate is an approximation of what your project (or piece of it) will cost. The budget is what you're allowed to spend. The estimate provides a guideline, the budget provides hard edges. ... Estimate vs Budget applies to more than just money or cost.

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Answered by swerishi
0

Answer:

Budget account

An account with a bank, Store or public utility into which one makes regular payment to cover bills

The best estimate

A term applied to unbiased estimates which have a minimum variance

Explanation:

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