What is one of the primary financial goals related to budgeting?

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Generating a sufficient revenue amount to cover costs is a fundamental goal of budgeting because it ensures the organization operates within its means. A well-structured budget allows a company to forecast its revenues and expenses, helping to create a financial plan that aligns with its operational needs and strategic objectives. When revenues meet or exceed costs, the organization can maintain its operations, invest in growth, and support its workforce without risking financial instability. This goal is crucial for sustainability and profitability, making it essential for effective financial management.

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