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      Question

      What is the role of budgeting in financial

      management?
      A Ignoring financial transparency Correct Answer Incorrect Answer
      B Maximizing financial risks Correct Answer Incorrect Answer
      C Planning and controlling financial activities Correct Answer Incorrect Answer
      D Discouraging cost control Correct Answer Incorrect Answer

      Solution

      Budgeting in financial management involves planning and controlling financial activities to achieve organizational goals.

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