Although a budget is an important planning tool,it is arguably more powerful as a ________ tool.
A)strategic
B)tactical
C)operational
D)control

Question

Quizplus · Accepted Answer

A budget is primarily used as a control tool, allowing organizations to monitor actual performance against planned performance and take corrective action if necessary. While budgets can also be used in a strategic, tactical, or operational capacity, their primary purpose is to provide internal controls and maintain financial stability.

Although a Budget Is an Important Planning Tool,it Is Arguably