Budget

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May 29, 2011 at 3:17 pm #48749
leornado
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- Topics: 29
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Dear sir,

May I know what is the difference between “Forecast” and “Budget”?

Thanks.

Regards,

Leornado
May 29, 2011 at 7:44 pm #82636
Ken Garrett
Keymaster
- Topics: 10
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Forecast = predicting the future. Eg sales will increase.

Budget = quantifying plans and making the plans consistent.
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