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प्रश्न
Budgeting is the process of preparing ______.
विकल्प
Forecast
Budgets
Trends
None of these
MCQ
रिक्त स्थान भरें
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उत्तर
Budgeting is the process of preparing budgets.
Explanation:
Budgeting is the process of preparing budgets, which are formal, authorised quantitative plans for a future period that set targets, allocate resources, and enable control; forecasts merely estimate probable events and feed into budgets.
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Comparison Between Budgeting and Forecasting
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संबंधित प्रश्न
A ______ is a judgement that can be made by anybody while a ______ is a plan that requires authority of management.
A ______ represents a state of control. On the other hand, a ______ represents events over which no control can be exercised.
A ______ is an estimate of probable events that can be made by anybody.
Distinguish between budget and forecast.
