All organizations begin the budgeting process with plans for (1) the goods or services to be provided and
(2) the revenue to be available from sales or other sources.

Question

Quizplus · Accepted Answer

The budgeting process typically starts with planning the goods or services to be provided and estimating the revenue expected from sales or other sources, as these are fundamental to setting financial goals and allocating resources.

All Organizations Begin the Budgeting Process with Plans for (1)