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15 July, 05:16

What are the main purposes of a budget?

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Answers (2)
  1. 15 July, 05:25
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    In the context of business management, the purpose of budgeting includes the following three aspects:

    •A forecast of income and expenditure (and thereby profitability)

    •A tool for decision making

    •A means to monitor business performance
  2. 15 July, 05:31
    0
    Following a budget will keep you out of debt if you are currently in one.
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