Question

    What is the role of budgeting in financial

    management?
    A Ignoring financial transparency Correct Answer Incorrect Answer
    B Maximizing financial risks Correct Answer Incorrect Answer
    C Planning and controlling financial activities Correct Answer Incorrect Answer
    D Discouraging cost control Correct Answer Incorrect Answer

    Solution

    Budgeting in financial management involves planning and controlling financial activities to achieve organizational goals.

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