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What is a budget? Why should budgets be compared to actual performance? (100–150 words)

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Finance

What is a budget? Why should budgets be compared to actualperformance? (100–150 words)

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Budget Firstly Budget is an expectation of events going to be occurred in future Mainly we use the word of budget in two points 1 Financial perspective 2 Operational Perspective Financial Perspective It is mainly concerned about    See Answer
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