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Authorization Objects A Simple Guide

A budget is a plan that outlines where a business wants to go financially, while a forecast provides an indication of a business's actual expected financial trajectory based on current trends and data.
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0% found this document useful (0 votes)
39 views

Authorization Objects A Simple Guide

A budget is a plan that outlines where a business wants to go financially, while a forecast provides an indication of a business's actual expected financial trajectory based on current trends and data.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Thus, the key difference between a budget and a forecast is that the budget is a plan for where a business

wants to go, while a forecast is the indication of where it is actually going

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