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Which of the following is right : 1- Budget is a part of planning . 2- Planning is a part of budget .

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2014/11/07
Sara Naeem
من قبل Sara Naeem , Trainee Finance officer , Wah Brass Mill

Answer is budget is a part of planning

Ghinwa J
من قبل Ghinwa J , Teacher , Self Employed

Budget is a part of planning.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

yes, absolutely no.1 is a correct answer "Budget is a part of planning".

Almutaz Bakry Sidahmed
من قبل Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate

It is (1), Budget is part of planning.

mohamed Hakim CMA CPA Candidate
من قبل mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Planning then budget 

Number one budget is part of planning 

Muhammad Zubair
من قبل Muhammad Zubair , CFO / Chief Accountant , RH Group

IT IS PART OF THE PLANNING

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Plans incorporating the Objectives and strategies connecting past, present and future: Budgeting is a part of the Planning.

MALIIK SOHAIL ABBAS
من قبل MALIIK SOHAIL ABBAS , ACCOUNTS MANAGER , AL RAWDAH GREEN SWEET WATER

In my point of view Budget is the part of plaining

padmakumar pathiyil
من قبل padmakumar pathiyil , Marketing Consultant , Management Consultancy

I am sure that Budget has to be the part of planning 

Syed Faizan Noman
من قبل Syed Faizan Noman , Senior Finance Officer , ATTOCK PETROLEUM LIMITED

budget preparation is a part of the planning process

Asha Latha Balivada
من قبل Asha Latha Balivada , Finance Intern , Freyja Creations Private Limited

Planning is a broader term than budget. Budget deals with the identification of key expenses in the short term where as Plan deals with the identification of sources for funding long term financial goals, business analysis and other needs of business. Hence budget is a part of planning process.

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