Question

Why are budgets and budgetary control important?

a.

Only for business organizations

b.

Only for governments

c.

Only for individuals

d.

For all organizations, governments, and individuals

Answer: (d).For all organizations, governments, and individuals Explanation:Budgets and budgetary control are important not only for business organizations but for all organizations, governments, and individuals.

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Q. Why are budgets and budgetary control important?

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