basic questions
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28 September 2008
whtt is the difference between budgeting and forcasting?
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
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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