Organisational budgets are used as:
A) a tool to commit resources to projects or programs.
B) a control tool.
C) a tool to commit resources to activities.
D) a planning tool.
E) All of the options listed

Question

Quizplus · Accepted Answer

Organisational budgets serve multiple purposes: they are used to allocate resources to various projects or activities, act as a control mechanism to ensure financial discipline, and function as a planning tool to forecast and prepare for future financial needs. All the options listed accurately describe the uses of organisational budgets.

Organisational Budgets Are Used As