Take a moment and think about the benefits that budgeting provides. Then write one sentence in response to each of these questions:

a. How can budgeting help planning?

b. How can budgeting improve communication?

c. How can budgeting facilitate coordination?

d. How can budgeting improve motivation?

e. How can budgeting help with control?

f. How can budgeting contribute to assessing performance?

AppendixLO1