explain design characteristics of budgetingSolutionDesingnin

explain design characteristics of budgeting

Desingning of budgeting are as follows

Now characterstics of budgeting are as follow:-

1. Budgeting is to be done on the basis of future estimates

2. Budget should be flexible in nature which helps to make changes in future.

3.It is based on a objectives that is to be achieved in future

4.It is a statement that is to be prepared for the execution of policy