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. OC. 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 OF. Budgeting compels managers to think ahead by formalizing their responsibilities for planning. O G. Budgeting provides benchmarks to evaluate subsequent performance. Click to select your answer(s)