Budget 1
Budget 1 : (Man Sci) (1) A plan for the allocation of resources and expenditure of funds for a specified period or time. (2) An estimate of how much money is needed and how it will be spent for a given purpose. (3) A financial statement of an organization covering a given period or time, including estimates of money needed for particular pro-grams, functions, resources, and the like, as well as proposals for financing them. Note: The budget is usually the princi?pal planning and control mechanism of management
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