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Which of the following is not a benefit of budgeting? Budgeting helps direct scarce resources to the most financially rewarding activities Budgeting provides performance benchmarks

Which of the following is not a benefit of budgeting?
Budgeting helps direct scarce resources to the most financially rewarding activities
Budgeting provides performance benchmarks against which actual results can be evaluated
Budgeting reduces the need for tracking actual expenditures of financial capital
Budgeting causes managers to systematically anticipate the future

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