Question

What is the primary purpose of creating a budget?

विकल्प

• To generate more revenue

• To substitute management

• To hire new employees

• To control expenses and manage finances

Answer 1

To control expenses and manage finances

Explanation:

A budget forecasts income and planned spending for a future period, enabling management to plan, coordinate activities, allocate resources and control costs. Its main purpose is to limit expenditures and support financial decision‑making.