Meaning of budget, Cost Accounting

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BUDGET

A BUDGET is a quantitative expression of a business plan for a particular future period, generally a year.

BUDGET is the planned future course of action.

BUDGET is a plan of action expressed in non-financial or financial terms. BUDGET is a financial or quantitative statement prepared previous to a defined period of the policy to be pursued during the period for that purpose of attaining a given objective - ICMA.


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