ACC 240 Topic 6 DQ 1
In your own words, explain what a budget is and why it is important for a business
to have a budget.
Reply
"A spending plan is an assessment of income and cost over a predetermined future timeframe and is generally
gathered and reexamined on an occasional premise. Financial plans can be made for an individual, a family, a
gathering of individuals, a business, a legislature, a nation, a global association or pretty much whatever else
that makes and goes through cash. At organizations and associations, a financial plan is an interior instrument
utilized by the board and is regularly not needed for revealing by outer gatherings." The principle motivation
behind a spending plan is to pick up the high ground on your money related circumstance. Living check to-
In your own words, explain what a budget is and why it is important for a business
to have a budget.
Reply
"A spending plan is an assessment of income and cost over a predetermined future timeframe and is generally
gathered and reexamined on an occasional premise. Financial plans can be made for an individual, a family, a
gathering of individuals, a business, a legislature, a nation, a global association or pretty much whatever else
that makes and goes through cash. At organizations and associations, a financial plan is an interior instrument
utilized by the board and is regularly not needed for revealing by outer gatherings." The principle motivation
behind a spending plan is to pick up the high ground on your money related circumstance. Living check to-
