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The definition of budgeting process is when governments create and approve a budget. Basically it's the setting of an expenditure with respect to the organizations core function which is responsible for the overall functionality of the firm.

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12y ago

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Definition for the meaning of the budgeting process?

Refers to the process by which governments or organizations create and approve a budget. Budgeting is the setting of expenditure levels for each of an organizationâ??s functions.


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