Authorization Objects A Simple Guide

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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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Authorization Objects A Simple Guide

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Jose Luis Becerril Burgos

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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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