Question

explain the role of budgets and budgeting in an organization.​

Answer 1

Explanation:

It gives a plan for spending. It defines the objectives of an organization in numerical terms for a specific period. Budgeting is used to evaluate the policies and goals of an organization. ... Budgeting helps in directing both capital and revenue resources in a profitable way.

Answer 2

Answer:

It gives a plan for spending. It defines the objectives of an organization in numerical terms for a specific period. Budgeting is used to evaluate the policies and goals of an organization. ... Budgeting helps in directing both capital and revenue resources in a profitable way

Explanation:

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