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Budget is actually an estimate of income & expenditure for a set period of time. it's a decision planning tool that gives you a clear image and basis for your decision making. it can cover any period of time can be monthly yearly or quarterly.
Budgeting is calculating the expected income and expenditure.
Thanks for the ivitation .....
budgeting is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows. It expresses strategic plans of business units, organizations, activities or events in measurable terms
Is to prepare for the expenses of a project will be implemented by the company and is based upon exchange on each item of the project within the limits of the amount specified in the budget to get the project estimated to cost him
