Question

Budgets are an important tool of ______.

विकल्प

• Planning, co-ordination

• Motivation and control

• Capital and cash

• Price determination

Answer 1

Budgets are an important tool of planning, co-ordination.

Explanation:

Budgets turn objectives into quantitative plans, guide resource allocation and timing, coordinate departmental activities across the firm, and provide benchmarks for performance evaluation and control, helping ensure targets are met.