Diff between budget and forecasts Prepare a budget for buying software Salary expenses increase but head count is same Variance analysis

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Difference between budget and forecasts, preparing a software buying budget, salary expenses increase but head count is same, variance analysis.

Budget is a financial plan for a specific period, while forecast is an estimate of future financial outcomes.
Preparing a software buying budget involves identifying the software needs, researching prices, and allocating funds.
Salary expenses increasing while head count remains the same can be due to factors such as promotions, bonuses, or overtime.
Variance analysis involves comparing actual financial outcomes to the budget or forecast to identify differences and their causes.

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