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प्रश्न
The process of preparing budgets is known as ______.
विकल्प
Budgeting
Banking
Marketing
Pricing
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उत्तर
The process of preparing budgets is known as Budgeting.
Explanation:
Budgeting is the systematic process of preparing budgets, which involves quantitative plans for expected revenues, expenditures, and resource use for a future period. It aids planning, coordination and control, unlike banking, marketing or pricing.
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संबंधित प्रश्न
What is a Production Budget?
What is a Budget?
The budget that forms the fundamental basis of all budgets and lays down the revenue goals of an enterprise is the ______.
Choose the Odd-One-Out:
A wise guide to have an overall view of family income and expenses:
- Insurance Policy
- Budgeting
- Bank Account
- Saving
A ______ is a quantitative plan prepared in advance for a future time period.
A budget relates to a ______ period.
Explain the term ‘budget’.
How can the management of an organisation use the budgetary control system for planning and control?
Budgeting is the first step in ______.
Choose the Odd-One-Out:
Budgeting is
- Art and science of planning income
- Careful outline of spending money
- The first step in money management
- A type of investment
