Question

what is budget description in short note?

Answer 1

A budget is a financial plan for a defined period of time, usually a year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. Companies, governments, families and other organizations use it to express strategic plans of activities or events in measurable terms. A budget is the sum of money allocated for a particular purpose and the summary of intended expenditures along with proposals for how to meet them. It may include a budget surplus, providing money for use at a future time, or a deficit in which expenses exceed income.

Answer 2

hey mate!!

here is u r answer !!

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BUDGET :-

BUDGET REFER TO THE STATEMENT OF THE ESTIMATED RECIPTS AND EXPENDITURE OF THE GOVERNMENT OF INDIA KNOWN AS ANNUAL FINANCIAL STATEMENTS ; IT IS CAUSED TO BE LAID BEFORE BOTH HOUSE OF PARLIAMENT BY THE PRESIDENT IN RESPECT OF EVERY FINANCIAL YEAR ON SUCH DAY AS HE MAY DIRECT.

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