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2 years ago

Explain what a budget is, and outline the main features of a budget.

Law

2 answers:

Schach [20]2 years ago

4 0

Answer:

A budget is a financial document or an action plan which is prepared and used to project future income and expenses. It outlines an organisation's financial and operational goals. It can also include non- monetary information with the monetary information.

Whitepunk [10]2 years ago

3 0

Answer:

A Budget is a plan expressed in quantitative usually monetary terms, covering a specified period of time, usually one year. Many companies refer to their annual budget as a profit plan since it shows the planned activities that the company expects to undertake in its responsibility centers in order to obtain its profit goals.

Explanation:

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Explanation:

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