Define 'Nutrient Budgets'. Differentiate between internal and external budgets.
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Expert's answer
2018-03-22T08:51:13-0400
Define 'Nutrient Budgets'. Differentiate between internal and external budgets.
A nutrient budget provides a statement of the total nutrient balance for a specific area or farm system, taking into account all the nutrient inputs and all the outputs. It can help identify potential production or environmental issues arising from nutrient excesses or deficits. It can be used to evaluate different nutrient management scenarios and inform the manager of the most efficient options before the nutrient recommendation is implemented The difference between internal and external sources of finance are discussed in the ... evaluation and control of costs are made, along with reviewing the budget. The capital brought in, to the business by the proprietor is not sufficient to fulfill the financial needs and so he/she looks for new ways to fulfill fixed capital and working capital needs. Based on the source of generation, it is classified as internal and external sources,
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