Economics · Management Accounting
Budgeting is closely related to planning in an organization. It involves four key sequential stages. Identify their correct sequential order.
- 1Setting the objectives, specifying the goals, laying down the strategies, preparation of budget✓
- 2Setting the objectives, laying down the strategies, specifying the goals, preparation of budget
- 3Laying down t he strategies, setting the objectives, specifying the goals, preparation of budget
- 4Specifying the g oals, setting the objectives, laying down the strategies, preparation of budg et
Correct answer
Setting the objectives, specifying the goals, laying down the strategies, preparation of budget
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Management Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Management Accounting