Which of the following is true of budgets? Budgets delegate the decision making power to the employees. O Budgets eradicate the need to compare a company's actual results with budgeted results. Budgets ensure that the financial goals set by management are achieved O Budgets rule out the need to communicate and coordinate the plans of the organization to each employee. Budgets are financial plans for the future. Fixed costs are costs that: O are constant within the relevant range as the level of output changes. O decrease as the per unit variable cost increases All of these are correct. O increase as the miscellaneous expenses decrease with the level of output. Variable costs within the relevant range: O decrease in total as output decreases. All of these are correct. O stay constant on a per unit basis as output changes. increase in total as output increases