Allied Journal of Medical Research

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Budget

A budget is a economic plan for a defined period, often one year. It may also contain planned sales volumes and revenues, costs and expenses, resource quantities, assets, liabilities and cash flows. Companies, governments, families and other administrations use it to rapid strategic plans of activities or events in determinate terms. A budget is the amount of money allocated for a particular resolve and the summary of the intended expenditures along with the proposals for in what way to meet them. It may include a budget surplus, providing money for use at a future time or a deficit in which expenses exceed income. The budget of a company is an frequently compiled annually, but may not be a finished budget.

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