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CJA 365 Budgets of The Public and Private Sectors Discussion

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Running Head: ASSIGNMENT 1 Assignment Name Date Institution Assignment 2 One of the differences between the budgets of the public and private sectors is that the public sectors balance their budgets, whereas, the private sector organizations use budgets to forecast revenues or operating results. For example, in the public sector budgeting, the expenditures are balanced with the taxes. The government considers the collection of taxes while developing budgets. If the government is not able to collect the taxes according to the budget allocated, then it will either reduce the budget, increa ...
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