Asked by
Jalen Watson
on Oct 10, 2024
Verified
A benefit from budgeting is that it forces managers to think about and plan for the future.
Budgeting
The process of creating a plan to spend your money, forecasting future income and expenses.
Plan For The Future
A strategy or approach devised by an individual or organization to achieve long-term goals or to navigate toward a future position.
- Comprehend the principle and function of budgeting in corporate environments.
- Appreciate the benefits and limitations of budgeting.
Verified Answer
MS
Learning Objectives
- Comprehend the principle and function of budgeting in corporate environments.
- Appreciate the benefits and limitations of budgeting.
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