The process of determining and recording the expected financial results of a future period, generall
The process of anticipating the costs, and planning the expenditure of financial resources for the execution of on-farm research and development tasks, projects and programmes.
The process of managing outgoings so that they don't exceed income.
The activity of predicting and controlling the spending of money. Budgeting consists of a periodic negotiation cycle to set future budgets (usually annual) and the day-to-day monitoring and adjusting of current budgets.