Question

Rishav prepared a detailed plan of operations for a specific future period. Identify the process.

Options

• Forecasting

• Marketing

• Budgeting

• Selecting

Answer 1

Budgeting

Explanation:

Making a budget means creating a thorough plan for how things will run over a set period in the future. It includes figuring out how much money you will make and spend, allocating resources, and setting financial goals to ensure you manage your money well.