When creating a budget you musk track both your budgeted expenses and your blank expenses

actual

Explanation:

A budgeted cost refers to expenses for transactions and operations that the company and the management have to make in the future based on forecasts and future goals.

Actual costs refer to costs incurred on actual operations and transactions during the period recently ended.

When creating a budget you must track both your budgeted expenses and your actual expenses.

answerstandard;

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