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What is the Difference between a budget and long-range planning?
Wiki User
∙ 13y ago
Budgeting focuses on achieving specific short term financial goals such as meeting annual profit objectives. Long range planning on the other hand identifies long term goals and select strategies to achieve those goals as well as develop the policies and plans to implement those strategies.
Wiki User
∙ 13y ago
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What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
What is the difference between financial budget and a financial budget?
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
What is main difference between capital budget and revenue budget?
While the capital budget and revenue budget are both budgets, the capital budget is incorporated for the long term. A revenue budget is made for the short term.
What is the difference between a budget and a financial report?
The main difference is, budget is a planned activity to meet the targets whereas financial report is the one which shows the health/wealth of the organization.
What values does a budget have for a family planning it's financial affairs?
what values does a budget have for a family
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
Illustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget?
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget
What is the difference between tax planning and budget planning?
Tax Planning is the method of reducing tax liability through legally accepted devices whereas budget planning is managingincome and expenditure of a person or organization.
What is the difference between financial budget and a financial budget?
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
What is the difference between tax plane and budjet plan?
The tax planning is reducing the tax through legally devices where as the budget planning is managing the income and expenditure of an individually or organization.
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
Illustrate by means of a diagram the budget planning process show clearly the difference a functional and a financial budget?
WikiAnswers does not have pictures, drawings or diagrams available. Sorry.
What is ppbs?
The letters PPBS are a shortened form of Planning, Programming, and Budgeting System. It is a balance between the performance budget and object budget.
When was Planning the Low-Budget Film created?
Planning the Low-Budget Film was created in 2006.
What is the difference between budget center and cost center?
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Why is there a need of effective correlation between budgeting and planning?
There is a need for correlating budgeting with planning because without a budget the plan could not be put into reality.
