Question 2 of 50 Which of the following is NOT an advantage of budgeting? Select the correct response It requires managers to state their objectives It facilitates performance evaluation by comparing budgets with actual results It facilitates control by permitting comparisons of budgeted and actual results It provides a check-up device that allows managers to keep close tabs on their subordinates. In a responsibility report for a profit center, controllable fixed costs are deducted from the contribution margin to show: Select the correct response net income controllable margin profit center margin income from operations