What is the definition of a budgeting term? Question Can you explain the meaning of a term used in budgeting and its significance in financial planning? solved 0 Budgeting 2 months 2023-01-18T06:25:27+00:00 2023-01-18T06:25:27+00:00 1 Answer 20 views 0
Answer ( 1 )
In budgeting, a term refers to a specific word or phrase that has a specific meaning in the context of financial planning and management. Understanding the key terms used in budgeting is essential for effectively creating and managing a budget.
Some common budgeting terms include:
By understanding the definition and significance of these terms in budgeting, businesses can make more informed financial decisions and better plan for their future.