Question 3: Budgets are the primary instrument managers use for planning and maintaining an organisation's financial management. A formal written declaration of a manager's goals for a time period in financial terms, and a budget is described as a formal written statement. In relation to the above, critically appriase four (4) guidelines with examples on preparing a good buget for a business during the COVID-19 pandemic. .

1. Question 3: Budgets are the primary instrument managers use for planning and maintaining an
organisation's financial management. A formal written declaration of a manager's goals for a
time period in financial terms, and a budget is described as a formal written statement. In relation
to the above, critically appriase four (4) guidelines with examples on preparing a good buget for
a business during the COVID-19 pandemic.