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Q: What are the characteristics of an effective budget?
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A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.


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to workout the effective relationship its budget/spend*100 = %. Where the % is 100 or less this means you are at or under budget (on budget is the target aimed for) where the % is greater than 100 you are spend is OVER budget.


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