Question

An organization's budgeting process should include the expression of its major policies:__________A. In writing and in qualitative terms.B. In writing and in subjective terms.C. Both verbally and in writing.D. Both in writing and through training sessions.E. None of these is correct.

Answer 1

Answer:

The correct answer is A

Explanation:

Budgeting is the procedure or the process where the future expenditure and the income are decided to streamline the process of the expenditure. It is done so that to keep the track of the income and expenditure.

When the budgeting process of the firm or the organization must involve or comprise of the expression of the major policies so, it should in writing as well as in the qualitative terms.