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Expense Budgeting
Financial Forecasting
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Question added by Pranam Karachur Pricing Manager HEWLETT PACKARD
8 years ago

What is the difference between budgeting and forecasting? ‎

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Strategic Forecasting
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Question added by Deleted user
8 years ago

What are essential steps in forecasting?‎

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Expense Budgeting
Financial Forecasting
Strategic Forecasting

What is the difference between budgeting and forecasting? ‎

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Answer added by  Deleted user
8 years ago

Budgeting is the process of setting financial goals, forecasting future financial resources and needs.

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Expense Budgeting
Financial Forecasting
Strategic Forecasting

What is the difference between budgeting and forecasting? ‎

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Answer added by  Rachel Matias, Purchase to Pay Analyst, Rustan Supercenters Inc
8 years ago

Budgeting usually refers to the following year expected sales and expenses whereas forecasting involves a 5-year plan. Budgeting is more detailed and is more realistic th ... See More

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