A goal of the budgeting process is to assist managers with coordinating and implementing the business plan.

Question

Quizplus · Accepted Answer

One of the main purposes of the budgeting process is to align financial resources with the overall goals and strategies of the business plan. By setting specific targets and allocating resources accordingly, managers can better coordinate and execute their plans for achieving organizational success.

A Goal of the Budgeting Process Is to Assist Managers