Difference between revisions of "Budget - General Definition"
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| − | + | A '''budget''' is defined generally as an expression of organizational policies and operational plans in financial terms, typically on an annual basis. | |
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| − | [[ | + | In [[government]], [[Congress]] must pass the budget for each year. |
| − | [[ | + | [[Category:Accounting]] |
| + | [[Category:Government]] | ||
| + | [[Category:Finance]] | ||
| + | [[Category:Budget Terms]] | ||
Latest revision as of 12:40, July 12, 2016
A budget is defined generally as an expression of organizational policies and operational plans in financial terms, typically on an annual basis.
In government, Congress must pass the budget for each year.