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1. Which of the following is a benefit of budgeting? a. Budgeting prevents managers from authorizing excess expenditures when it does not appear their department

1. Which of the following is a benefit of budgeting?

a. Budgeting prevents managers from authorizing excess expenditures when it does not appear their department will spend all of their funds during the period.

b. Managers can influence the budget to increase the expected expense estimate.

c. Preparing budgets can be time consuming.

d. It uncovers potential bottlenecks.

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