Question: Section C: Theory Test/ Subjective (20 marks) Instructions: Answer any TWO (2) out of THREE (3) questions. Question 1 (10 Marks) (a) What does planning

 Section C: Theory Test/ Subjective (20 marks) Instructions: Answer any TWO

Section C: Theory Test/ Subjective (20 marks) Instructions: Answer any TWO (2) out of THREE (3) questions. Question 1 (10 Marks) (a) What does planning mean in the context of budgeting objectives? (4 marks) (b) What are the criteria for preparing a strategic budget? (3 marks) (c) What are the criteria for preparing an operational budget

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