In management, the correct Budgeting Process includes:
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A budget is an essential tool for all organization as it helps to keep track of its income and expenditure.
The budgeting process refers to the process of putting a budget in place. This process of budgeting involves planning and forecasting, implementing, monitoring and controlling, and finally evaluating the performance of the budget.
Hence, the Budgeting Process include Planning & communication – Establish objectives & targets – Develop a detailed budget – Review & approval – Implementation and management.
Therefore, the Option D is correct.
Missing word "Which Of The Following Describes The Correct Budgeting Process?"
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