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What is the purpose of operational budgets in a... - JSS3 Agricultural Science Farm Management and Budgeting Question

What is the purpose of operational budgets in agriculture?

Operational budgets in agriculture serve the purpose of estimating costs and revenues for specific activities or enterprises on the farm. They help farmers plan and manage their financial resources effectively by providing insights into cash flow management, income projections, and expenditure planning for day-to-day operations.

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