Team budgets are forecasts of revenues and expenses, usually on a monthly basis for up to a year. A budget helps small-business managers make resource allocation decisions and identify and plan for ...

Master the Union Budget easily! Explore all key terms like revenue, expenditure, taxes, fiscal deficit, and more, explained in plain, simple language with clear examples for better understanding.

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A budget variance is a discrepancy between the predicted cost or revenue in a given account. A budget variance may include a revenue shortfall due to an inaccurate estimate, or a sudden and unexpected ...