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What are the major benefits of budgeting? (Select all that apply) A. Budgeting provides only financial benchmarks to evaluate past performance. B. Budgeting aids managers

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What are the major benefits of budgeting? (Select all that apply) A. Budgeting provides only financial benchmarks to evaluate past performance. B. Budgeting aids managers in communicating objectives to units and coordinating actions across the organization. DC. Budgeting provides benchmarks to evaluate subsequent performance. O D. Budgeting helps managers to focus on only financial problems early enough for effective action. E. Budgeting compels managers to think ahead by formalizing their responsibilities for planning. I F Budgeting provides an opportunity for managers to reevaluate existing activities and evaluate possible new activities. OG. Budgeting is a way of managing only money through responsible spending

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