Which is the phase of budgeting that is focused on setting up the structure and the mechanics of the budget?

The phase of budgeting that is focused on setting up the structure and mechanics of the budget is known as the "planning and preparation" phase. During this phase, organizations establish the framework for the budget, determine the budgeting process, set financial goals, and allocate resources accordingly. This phase is crucial in ensuring that the budget is well-organized, realistic, and aligned with the organization's strategic objectives.