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What is budget? |
What is budget? Planned spending and saving from financial assets which involves strict cost, and asset, accounting. managing your money A budget is a forcast or plan of future financial event.It is prepared based on past experience as well as anticipation of future needs. There are many types and forms of budgets such as capital budgets,which deals with allocating resources to projects. Every Government and corporations and some individuals prepare budgets based on the nature of their business and needs. |
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