A budget is how much money you have to spend on certain items. For example a family person can say I am not going to spend over $40 on groceries this month. If the head of household went over $40,...
Account is a record or statement of recent transactions and resulting balance. Finance is the management of money and credit and banking and investments
The following is the distinction between Accounts & Finance:1) Score keeping Vs Value Maximising:Accounting is concerned with score keeping, whereas finance is aimed at value maximising. The...