The plan for spending money is called a budget. A budget can be utilized by a government, a business, or even an individual.
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A budget reveals the spending plan for the fiscal year, as well as the government's financial priorities and goals.
A budget deficit is one element of some budgets but is not a "type" of budget. You may be thinking of a "deficit budget" (see below). To start: a budget is simply a spending plan - how much the government is going to spend over the next budget period (often a year), and on what. This includes interest the government has to spend on money it has previously borrowed (usually through bonds). If the total to be spent is expected to exceed what the government expects to take in (usually through taxes), the difference is the deficit, often called the "budget deficit". On the other hand, if the government expects to take in more money than it spends, the difference is a surplus, called the budget surplus. A budget that has a deficit is a "deficit budget"; one that has a surplus is called a "surplus budget"; and one that has neither (that is, spending and income are equal) is called a "balanced budget". It's worth noting that "deficit" and "debt" are not the same. The deficit is the amount by which the government overspends its income in a single budgetary period, typically a year. The debt is the total amount of money the government owes, and can be calculated by adding up all the budget deficits and surpluses the government has ever run.
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.
The plan for spending money is called a budget. A budget can be utilized by a government, a business, or even an individual.
The capital budget, the cash budget, and the operating(master) budget.
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national budget
the spending plan for the fiscal year
The federal budget.
A budget reveals the spending plan for the fiscal year, as well as the government's financial priorities and goals.
one can only prepare a spending plan on their own, a spending plan is a budget that you can can keep a tab on how much money you usually spend on needs and wants, creating a word document with charting program or keeping a list of things that u spend money may be helpful. (hope this was helpful!!)
Not exactly…a master plan is the main plan to follow.
The Production Budget for Escape Plan was $70,000,000.
The Production Budget for The Game Plan was $22,000,000.
The Production Budget for A Simple Plan was $17,000,000.