Converting functional plans into annual dollar requirements is the process of
A) monetary planning.
B) budgeting.
C) financial planning.
D) accounting.
E) controlling.

Question

Quizplus · Accepted Answer

Budgeting is the process of converting functional plans into annual dollar requirements, as it involves allocating financial resources to various functions and activities within an organization for a specific period, typically a year.

Converting Functional Plans into Annual Dollar Requirements Is the Process