The third major objective of budgets or budgeting.Select one:a.Allocation of Resourcesb.Planning Aheadc.Business Coordinationd.Performance Evaluation
Question
The third major objective of budgets or budgeting.Select one:a.Allocation of Resourcesb.Planning Aheadc.Business Coordinationd.Performance Evaluation
Solution
The third major objective of budgets or budgeting is c. Business Coordination. This involves ensuring that all the different parts of the organization are working together effectively towards the common goals. It helps in aligning the activities of various departments and teams within the organization.
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