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C_TFIN22_67 · Question #36

C_TFIN22_67 Question #36: Real Exam Question with Answer & Explanation

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Question

The difference between Planning vs. Budgeting is as below, which statement is not correct? Please choose the correct answer. Response:

Options

  • APlanning is cost oriented whereas budgeting is funds oriented.
  • BThe planning change easily where as budgeting is a binding value and new line item created for
  • CPlanning is based on approved funds whereas budgeting is based on funds requested.
  • DUnutilized budget can be carried forward in subsequent fiscal year but no such function is

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