Budgeting is the process that translates corporate intentions into specific tasks, and identifies the resources needed by managers to carry them out.

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Budgeting is a planning process used by organizations to allocate resources, set goals, and determine the steps needed to achieve those goals. It involves translating broader corporate intentions and objectives into specific tasks and identifying the resources (such as funding, personnel, and time) required for managers to execute these tasks effectively.

Budgeting Is the Process That Translates Corporate Intentions into Specific