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(Querist)
28 September 2008 whtt is the difference between budgeting and forcasting?
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CMA Jitendra Singh

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CMA Jitendra Singh (Expert)
28 September 2008 Budgeting is Fund control Excercise where fund allocations take place over a fixed plan layout.

Forecasting is esimation excercise where possible inflow and outflow estimated by taking in to care postives and risk factors involved in any plan

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