Question
The benefits of a budget/budgeting include: a. Managers record the company's past performance using a budget, the budget coordinates a company's activities, and a budget
The benefits of a budget/budgeting include:
a. Managers record the company's past performance using a budget, the budget coordinates a company's activities, and a budget provides a benchmark that motives and assists in evaluating performance b. Requires managers to plan for the company's future, the budget coordinates a company's activities, and a budget provides a benchmark that motives and assists in evaluating performance c. Requires staff to get involved in budgeting with no input from managers, and provides a benchmark in which to work toward d. There are no benefits to a budgeting and it is just used as busy work for managers
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