what is budget
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it is a forecast of planned future needs for some or all activities of a business organization for a specific future period,
what is budgetary control?
budgetary control is the act of comparing budget estimates and actual results.
characteristics of an effective budget
Business forecasts are the cornerstone of any budget and on their basis different types of budgets are prepared.
classification of budgets
A budget is an account of estimates which helps in planning for the maximum utilization of limited resources.
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by navin sir
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