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budget is how much money you are willing to spend and finanicial planm is how much you may be being lended by a bank.
for thus reasons we are in a resession
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What is the difference between a business plan and a budget?
A business plan is an overall look at a business that lists areas like product overview, marketing plan, action plan and it includes financial history (if any) and financial predictions; there fore a budget. So in terms of comparing these two in the same context, a budget is a subcategory of a business plan. when talking in general, a business plan gives a comprehensive look at a company and it's objectives, while a budget shows financial planning.
What is the difference between a budget and a capital budget?
A budget is a financial plan for the upcoming period. A capital budget, on the other hand, involves an organization's proposed long-range major projects.
What do you call the nations financial plan?
National Budget
What is the financial plan for government called?
national budget
What three budgets are included in a financial plan?
The capital budget, the cash budget, and the operating(master) budget.
How would you define fixed budget?
A fixed Budget is a financial plan that does not change through the budget period, irrespective of any changes from the plan in actual activity levels experienced .
How are financial problems caused?
By a failure to balance - budget income and expenditure and to plan and budget to meet unforeseen circumstances.
What does a budget reveal about a government?
A budget reveals the spending plan for the fiscal year, as well as the government's financial priorities and goals.
Over the years presidents have assumed more responsibility for this financial plan?
national budget
What is the difference between business plan and budget?
The purpose of a budget is to create a list of all your planned revenue and revenues, a budget is created to plan spending or saving to reach a certain goal. A personal budget is a financial plan that is used to allocate future income towards debt repayments, savings and expense. All past spending and expenses and personal debt are all taken into consideration when doing a personal budget. In business a budget is used to calculate the cost of a business, a business budget is a spending and saving plan used to allocate resources to reach a business goal. This management tool is used to coordinate and predict expenses in a effort to minimize their business resources, a budget is a time-specific and it must be flexible when it come to financial changes. from Tiffany bates
Which document helps guide key financial planners in developing the Navy's annual budget?
Navy Strategic Plan
Definition of administration budget?
An administration budget is an official, detailed financial plan that is designed for an upcoming period for a business. It is usually prepared on an annual or quarterly basis.
