Business, Legal & Accounting Glossary
A short-term budget, usually prepared annually, based on estimates of income and expenses associated with the organizations operations. Items such as administration, labor, manufacturing costs, marketing and any other production associated costs are included, while long term items such as capital debt and income not associated with companies operations, such as investments, are excluded.
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This glossary post was last updated: 16th November, 2021 | 0 Views.