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Question
A ______ represents a state of control. On the other hand, a ______ represents events over which no control can be exercised.
Options
Budget, forecast
Forecast, budget
Trends, plans
Plans, trends
MCQ
Fill in the Blanks
Solution
A budget represents a state of control. On the other hand, a forecast represents events over which no control can be exercised.
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Comparison Between Budgeting and Forecasting
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