Budget example sentences

In the budget, the government also announces the various ways in which it plans to meet these expenses.The Capital Budget is an account of the assets as well as liabilities of the central government, which takes into consideration changes in capital.The Revenue Budget shows the current receipts of the government and the expenditure that can be met from these receipts.However, the effectiveness of budgeting depends on how accurately estimates have been made about future.Quarterly review of the trends in receipts and expenditure in relation to the budget be placed before both Houses of Parliament.“My tobacco!” I cried in horror, thinking what I would have to pay for that much tobacco in England now that another Budget had come and gone, and then changed the cry to “My finger! My finger!” as I discovered that I had gashed my finger on the zip and was shedding blood in a lavish manner.It is possible that these people are short-sighted and do not understand the implications of budget deficits.There is reason to worry about a country's long-run prospects if the trade deficit reflects smaller saving or a larger budget deficit (when the economy has both trade deficit and budget deficit, it is said to be facing twin deficits).Further, the budget must distinguish expenditure on the revenue account from other expenditures.Every year you must have heard the government budget being presented in the Parliament.Capital expenditure is also categorised as plan and non-plan in the budget documents.For instance, sales budget cannot be prepared without knowing production programmes and schedules.The Macroeconomic Framework Statement assesses the prospects of the economy with respect to the GDP growth rate, fiscal balance of the central government and external balance When a government spends more than it collects by way of revenue, it incurs a budget deficit There are various measures that capture government deficit and they have their own implications for the economy.Management accounting draws the relevant information mainly from financial accounting and cost accounting which helps the management in budgeting, assessing profitability, taking pricing decisions, capital expenditure decisions and so on.Personal observation, statistical reports, breakeven analysis and budgetary control are traditional techniques of managerial control.