Explain what is a budget? What are the requirements for effective budgeting?

BUDGET

Understand the meaning of budget and different types of budgets.

Examine the requirements for effective budgeting.

9.2 Action Required:

Watch the video at the following link

9.3 Test your Knowledge (Question):

What is a budget?

What are the requirements for effective budgeting?

 

 

Explain what is a budget? What are the requirements for effective budgeting?
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