Question: 1. Budgeting involves ________. establishing specific goals executing plans to achieve the goals periodically comparing actual results with the goals All of these choices are

1.Budgeting involves ________.

  1. establishing specific goals
  2. executing plans to achieve the goals
  3. periodically comparing actual results with the goals
  4. All of these choices are correct.

2.Budgeting affects all of the following managerial functions except ________.

  1. planning
  2. directing
  3. controlling
  4. None of these choices are correct.

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