O What are the major benefits of budgeting? (Select all

o What are the major benefits of budgeting? (Select all that apply)
 A. Budgeting aids managers in communicating objectives to units and coordinating actions across the organization. 
B. Budgeting is a way of managing only money through responsible spending. 
C Budgeting provides an opportunity for managers to reevaluate existing activities and evaluate possible new activities.
D. Budgeting helps managers to focus on only financial problems early enough for effective action. O 
E. Budgeting provides only financial benchmarks to evaluate past performance O
F. Budgeting compels managers to think ahead by formalizing their responsibilities for planning. O 
G. Budgeting provides benchmarks to evaluate subsequent performance. 
to select your answer(s). ?

 

 

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