What is a budget?

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( make it simple as you can )
9.1 Learning Outcomes:
Understand the meaning of budget and different types of budgets.
Examine the requirements for effective budgeting.

9.2 Action Required:

Watch the video at the following link

9.3 Test your Knowledge (Question):

What is a budget?
What are the requirements for effective budgeting?

9.4 Instructions
Answer both questions in the test your knowledge section.
Post your answer on the discussion board using the discussion (Week9:Interactive learning Discussion)

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