Q25 Single choice Mark for later The difference between Planning vs.Budgeting is as below, which statement is not correct? A Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning. B Planning is cost oriented whereas budgeting is funds oriented. C Planning is based on approved funds whereas budgeting is based on funds requested. D The planning change easily whereas budgeting is a binding value and new line item created for each changes. Correct answer