Planning is the primary purpose of budgeting. A well-prepared and well-communicated budget helps prevent stock-outs, customer service failures, financial emergencies, and a variety of other surprises that could have been avoided. Improperly used budgets also have their downsides. In what way might the planning aspect of budgeting create problems for a firm, especially if the budget is used in performance evaluation?

, Please provide the proper reasoning . Don't give answer already present on net. Really appreciate your work! ,Will give good rating for good work.

Topic-Budgeting(Managerial Accounting)