Budget 2025: Budget vs. Vote on Account
- Posted on December 19, 2024
- By Business News Today
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Budget 2025: Budget vs. Vote on Account
Governments use Budget and Vote on Account for financial planning. A full budget is a comprehensive yearly financial plan. It details past income and expenses, and sets future goals. A vote on account is a temporary measure. It covers essential expenses during transitions, like elections. It ensures government operations continue without major financial changes.