Enlist the purpose of budgeting.

Budgeting plays a crucial role in resource management by ensuring that resources are allocated efficiently and effectively. The primary purpose of budgeting is to provide a structured financial plan that guides an organization or individual in achieving their objectives while maintaining financial control. Below are the key purposes of budgeting:

1. Financial Planning: Budgeting allows for the allocation of resources based on the expected income and ______ ____ _____ _____ ________.
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