Difference Between Budgeting and Forecasting

Budgeting vs Forecasting Budgeting and forecasting are two activities that are often used in sales and in the overall business environment. ¬†Although both deal with money management and are part of business management, budgeting and forecasting are two completely different activities and should not be used interchangeably. Budgeting Budgeting aims to determine the expenses of … Continue reading Difference Between Budgeting and Forecasting