joeshahill4103 joeshahill4103

22-07-2022
Business

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A project budget report is showing our project as spending $35,000 against a budgeted amount of $40,000. Which of the following is true

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azikennamdi azikennamdi

27-07-2022

From the above information, it is true that the company is running a budget deficit.

What is budgeting?

Budgeting is the process of planning for an allocating resources efficiently and effectively.

A budget deficit is when the expended amount is above the budgeted figure.

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