Budgeting forces managers to think ahead and to anticipate and prepare for changing conditions.

Name: Budgeting forces managers to think ahead and to anticipate and prepare for changing conditions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Budgeting involves planning future expenses and revenues, which requires managers to think ahead and consider potential changes in the business environment. This process helps them to prepare for different scenarios and make informed decisions to optimize financial performance.

Budgeting Forces Managers to Think Ahead and to Anticipate and Prepare