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:accounting]] | ||
[[category:government]] | [[category:government]] | ||
[[category:finance]] | [[category:finance]] | ||
Revision as of 03:47, August 20, 2007
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.