Creating a budget is an important part of which phase of the planning and control process?
A)Planning
B)Controlling
C)Implementing
D)Executing

Question

Quizplus · Accepted Answer

Creating a budget is part of the planning phase of the planning and control process. During this phase, plans are developed to achieve organizational goals, and budgets are established to allocate resources and guide decision making.

Creating a Budget Is an Important Part of Which Phase