The correct answer is: integrates.
A budgeting system integrates key managerial functions by providing a framework for planning, organizing, and controlling resources. It helps to ensure that all departments are working towards the same goals and that resources are being used efficiently.
A budgeting system can be used to:
- Set goals and objectives
- Allocate resources
- Track progress
- Make adjustments as needed
A budgeting system can be a valuable tool for any organization, but it is important to choose the right system for your needs. There are many different types of budgeting systems available, so it is important to compare your options and choose the one that best suits your organization’s needs.
Here is a brief explanation of each option:
- A dismisses key managerial functions. This is not true. A budgeting system can help to improve efficiency and effectiveness by providing a framework for planning, organizing, and controlling resources.
- A integrates key managerial functions. This is the correct answer. A budgeting system can help to integrate key managerial functions by providing a framework for planning, organizing, and controlling resources.
- A discharges key managerial functions. This is not true. A budgeting system can help to improve efficiency and effectiveness by providing a framework for planning, organizing, and controlling resources.