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v. t. e. A business plan is a formal written document containing the goals of a business, the methods for attaining those goals, and the time-frame for the achievement of the goals. It also describes the nature of the business, background information on the organization, the organization's financial projections, and the strategies it intends to ...
A budget is a financial plan outlining projected income and expenses over a specific period, typically a month or year. It may encompass anticipated sales, resource allocation, environmental impact assessment, asset valuation, liability management, and cash flow analysis. Businesses, governments, individuals, and other entities utilize budgets ...
A chart of accounts ( COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
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Computer science (see also Outline of computer science) Information technology – refers to the application (esp in businesses and other organisations) of computer science, that is, its use by mankind (see also Outline of information technology) Information systems – refers to the study of the application of IT to business processes.
Examples of monthly expenses to include in a budget. 1. Housing. Housing expenses frequently take up the largest chunk of monthly expenses and include monthly mortgage or rent payments, depending ...
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