What is budgeting?
A) All
B) A process to prioritize and control all the financial expenses and revenue in advance to ensure business goals are met.
C) A rational process designed to forward the organization goals
D) A tool to make sure goals are met for all parts of the organization
E) A sometimes short-sighted technique of controlling spending

Question

Quizplus · Accepted Answer

Budgeting encompasses all aspects mentioned in the options, as it involves prioritizing and controlling financial expenses and revenue, aligning with organizational goals, ensuring goals are met across the organization, and sometimes being criticized for short-sightedness.

What Is Budgeting