List the Three Important Guidelines That Should Be Followed in the Budgeting

question 26

Short Answer

List the three important guidelines that should be followed in the budgeting process.

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Definitions:

Working Relationship

The interaction and communication patterns among colleagues within a workplace.

Feedback

The process of telling someone else how you feel about something that person did or said.

Communication Process

The sequence of steps through which information is conveyed from a sender to a receiver, encompassing encoding, medium selection, decoding, and feedback mechanisms.

Credibility

The quality of being trusted and believed in, crucial for individuals and organizations to effectively communicate and lead.