ASSERTION: Forecasting is prepared in consultation with one another. REASONING: Budgeting help in achieving co-ordination between different departments of the enterprise.

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KollegeApply · Accepted Answer

A is false, but R is true. Explanation: • The assertion is false because forecasting is an estimate or judgment often prepared by specific departments or experts, not necessarily through mutual consultation. • The reason is true because budgeting promotes coordination by aligning departmental plans and responsibilities.

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