Akiko realizes the importance of developing a budget for her interior design business. Akiko understands the importance of appropriately allocating resources in order to achieve the goals of her firm.
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year. a thorough breakdown of the projected costs to support the sponsored project.
All direct costs and facilities and administrative (F&A) (or overhead) costs necessary to accomplish the project's goals should be included in the budget.
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