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    budget

    definition

    0  Views: 655 Answers: 2 Posted: 13 years ago

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    Definition
    An estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals.
    One of the most important administrative tools, a budget serves also as a (1) plan of action for achieving quantified objectives, (2) standard for measuring performance, and (3) device for coping with foreseeable adverse situation.

    Stuck in a hole "my foot got stuck in a hole and I couldn`t budge it"



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