What is the difference between a budget and a forecast? - Practice (English) | ObjectiveMcq

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What is the difference between a budget and a forecast? - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementManagement AccountingWhat is the difference between a bu...

Management Accounting Business ManagementEasy

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What is the difference between a budget and a forecast?

Correct Answer:

(A) A budget is a plan for the future, while a forecast is a prediction of the future

Explanation:

A budget is a plan for the future, while a forecast is a prediction of the future

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