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budget question
in a business can underspending (budget) be called profit or its used for for something else ??
It’s not profit, but if you spend less and sell the product / service for quite a bit more then it’s more likely to get profit.. I think that’s understandable lol x
ichibanarky ~ thanks you
It’s not profit, since it wasn’t based on sales, but from less cost.
It can be carried over to the next quarter, or it can be put into “envelope savings” towards a big purchase or expense.
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