Asked by
kayla neves
on Oct 10, 2024
Verified
Control involves developing goals and preparing various budgets to achieve those goals.
Control
The process of gathering feedback to ensure that a plan is being properly executed or modified as circumstances change.
Budgets
A financial plan for a defined period, often one year, detailing projected revenues and expenses.
- Understand the concept and purpose of budgeting within organizations.
Verified Answer
FK
Learning Objectives
- Understand the concept and purpose of budgeting within organizations.
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