Which of the following is not true about budgeting as an organizational tool? A process that is widely used and valuable. A financial plan of the resources needed to carry out the activities and meet financial goals It is a tools that guarantees profitability A quantitative expression of the proposed plan for a specified period used to coordinate what needs to be done to implement the plan, Question 3 2 pts Which of the following is a common negative perception of budgets? A waste of management time Fundamentally flawed O Out of date practice. O All of the above