Forecast and Budget - Which of the following statements are true?

Q.  Which of the following statements are true for forcast and budget?
- Published on 03 Sep 15

a. Forecast and budget are one and same thing
b. Budget is prepared after the forecast
c. Forecast and budget both can be expressed in financial form
d. All of the above

ANSWER: Budget is prepared after the forecast
 

    Discussion

  • jashanjeet singh   -Posted on 02 Apr 23
    Budget starts when forecasting ends.

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