What is the difference between budget and forecast
What is the difference between budget and forecast
Both are same. Budgeting is a forecasting tool.
IN ORDER TO MAKE A FORECAST REALISTIC YOU NEED TO STATE THE ASSUMPTIONS WHICH ARE EVIDENTLY NECESSARY.
Both budget and forecast are based on key assumptions. This is common and not difference .
SSGS and Associates
Chennai
CA Inter
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
CAclubindia
