The most important planning tool is a ________.
A)performance evaluation report
B)balanced scorecard
C)goal
D)budget

Question

Quizplus · Accepted Answer

A budget is the most important planning tool as it outlines the projected expenses and revenues for a specific period. It serves as a financial roadmap for the organization to achieve its goals and objectives. A performance evaluation report, balanced scorecard, and goals are essential components of the planning process, but they do not provide the same level of financial guidance as a budget.

The Most Important Planning Tool Is a ________