Education · Educational Administration and Finance
In educational management, budgeting refers to:
- 1An established financial standard needed for non-directional guidance by school management.
- 2Designing a financial plan that sustains the execution of quality educational processes within a given fiscal year.✓
- 3Specifying the use of general resources without focusing on detailed financial planning.
- 4Assessing structural plans to estimate school infrastructure over a multi-year period.
Correct answer
Designing a financial plan that sustains the execution of quality educational processes within a given fiscal year.
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