There is no difference between them.. Their difference only is how you understood about financial budget.. :)
what is the difference and similarity between cash budget and long term financial planning
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 is the difference between technical and financial proposal
There is no difference. For instance, I am technically both
A budget is a plan for how you will spend your money, while expenses are the actual costs you incur. To effectively manage and track both, you should create a detailed budget, track your expenses regularly, adjust your budget as needed, and prioritize saving and reducing unnecessary expenses to ensure financial stability.
what is the difference and similarity between cash budget and long term financial planning
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget
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.
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.
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
what is the difference between technical and financial proposal
There is no difference. For instance, I am technically both
A budget "variance" is the difference between planned and actual performance.
A budget "variance" is the difference between planned and actual performance.
A budget is a plan for how you will spend your money, while expenses are the actual costs you incur. To effectively manage and track both, you should create a detailed budget, track your expenses regularly, adjust your budget as needed, and prioritize saving and reducing unnecessary expenses to ensure financial stability.
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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.