Poonawalla fincorps
Poonawalla fincorps

Forecast and Budget

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(Querist)
20 October 2008 Please let me know hat is the difference between forecast and budget?

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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
20 October 2008 Forecast is what is anticipated as would be achieved. Budget is what is planned to be achieved.
The former gives emphasis to ambition, while the latter deals with cautious allocation of resources.

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