It is not possible for me to provide the specific details of a multiple-choice question prepared by Addis Ababa University as I do not have access to their question bank. However, I can provide a general explanation of planning, budgeting, monitoring, and evaluation:

1. Planning: Planning involves setting goals, objectives, and strategies to achieve desired outcomes. It involves identifying the actions and resources required to accomplish these goals and creating a roadmap for implementation.

2. Budgeting: Budgeting is the process of allocating financial resources to different activities or projects. It involves estimating income and expenses, setting financial targets, and determining how funds will be allocated and managed.

3. Monitoring: Monitoring involves tracking the progress and performance of activities or projects against predetermined goals and objectives. It includes collecting data, analyzing information, and providing feedback to ensure that activities are on track and any deviations are identified and addressed.

4. Evaluation: Evaluation is the systematic assessment of the effectiveness, efficiency, and impact of activities or projects. It involves measuring outcomes, comparing them to the intended goals, and determining the success or failure of the initiatives. Evaluation helps in identifying strengths, weaknesses, and areas for improvement.

These concepts are commonly used in various fields, including project management, business management, public administration, and development planning.