Question

Explain different stages of budget cycle? ​

Answer 1

Answer:

The four phases of a budget cycle for small businesses are preparation, approval, execution and evaluation. Most small businesses don't use the term “budget cycle” but they use the process and go through each of its four phases — preparation, approval, execution and evaluation.

Answer 2

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The four phases of a budget cycle for small businesses are preparation, approval, execution and evaluation. ... Most small businesses don't use the term “budget cycle” but they use the process and go through each of its four phases — preparation, approval, execution and evaluation.