Which of the following is an advantage of the budgeting process?

a. It forces management to focus on the past and not be distracted by the day-to-day operations of the business.

b. It requires very little input from various departmental managers, leaving them more time to devote to day-to-day activities.

c. It requires no communication between various managers in the organization.

d. It can define specific goals and objectives that may be used in evaluating future job performance.