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Budgeting and Public Finance

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NEMEC Juraj PLAČEK Michal OCHRANA František PŮČEK Milan Jan VACEKOVÁ Gabriela

Rok publikování 2020
Druh Kapitola v knize
Fakulta / Pracoviště MU

Ekonomicko-správní fakulta

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Popis Budget is the tool through which governments decide how much to spend on what, limiting expenditures to the revenues available, and preventing overspending (Anessi-Pessina et al. 2016). The budget aims to turn plans and aspirations into reality. The budget thus constitutes revenue on the one hand and expenditure on the other. Budget revenues and expenditures can be divided according to more criteria and according to the customs in the given state.

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