{"id":152054,"date":"2023-03-25T10:00:18","date_gmt":"2023-03-25T04:30:18","guid":{"rendered":"https:\/\/www.aplustopper.com\/?p=152054"},"modified":"2023-03-25T11:04:59","modified_gmt":"2023-03-25T05:34:59","slug":"advantages-and-disadvantages-of-budget","status":"publish","type":"post","link":"https:\/\/www.aplustopper.com\/advantages-and-disadvantages-of-budget\/","title":{"rendered":"Advantages And Disadvantages Of Budget | What is Budget?, Advantages and Limitations of Budget"},"content":{"rendered":"
Advantages And Disadvantages Of Budget:<\/strong> A budget is a quantitative expression for a specific period of time. It converts strategic plans into actions. A budget has a particular structure to follow. Budgets are usually broken down for a short period of time. The period can be either monthly or quarterly. It enables one to maintain control over expenditures and helps to make expenses in an organized manner based on the pursuit. A budget may not be confined to monetary expenses only.<\/p>\n A budget is a plan or an estimation of financial expenses over a fixed period of time. This plan may include cash flows, revenues, liabilities, planned scale volume, and other costs. It is based on income and other expenditures. There are various types of the budget as it is not restricted to business alone.<\/p>\n Students can also find more\u00a0Advantages and Disadvantages<\/strong><\/a>\u00a0articles on events, persons, sports, technology, and many more.<\/p>\n The main types of budgets are discussed below:<\/p>\n Budgeting and budget are not the same. The process of framing a budget is called budgeting. Whereas, the budget is a formal plan. Budgeting helps in steering the goal of a company or an individual as it is an overall process of managing the expenses to meet a purpose. Whereas, the budget is an integral part of budgeting. Whereas budgeting is done through proper analysis of the budget and that makes budgeting a detailed explanation of how to use the money judiciously.<\/p>\n <\/p>\n\n
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<\/a>Advantages of Budget<\/h3>\n
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<\/a>Disadvantages of Budget<\/h3>\n
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<\/a>Comparison Table for Advantages and Disadvantages of Budget<\/h3>\n