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What is budgeting and what is the function of budgeting? What are the budgets allocation resources and communcation targets used for ? Explain the 3

What is budgeting and what is the function of budgeting?
What are the budgets allocation resources and communcation targets used for ?
Explain the 3 types of budgets revenue budget, cost budgets, and profit budgets? And how it helps budgeting
Explain the budget process analyze market , draw up revenue budget and draw up cost budget and tell how it helps a business?
Explain the limitations of budgeting process : take time to complete and manage , are only good as that data being used, need to be changed as circumstances change and can lead to inflexbility in descision making?
Provide an introduction paragraph and a conclusion paragraph .

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