Which one of the following is not a limitation of budgeting?

Question $18$Select one:

a$.$

Budgets are prepared as a forecast, and can therefore never be entirely accurate.

b$.$

Budgets only focus on sales volumes and meeting sales targets, and not on reducing costs and running the business efficiently.

c$.$

Budgets are often used as a performance management tool, and management may set themselves soft targets so that they can easily meet them, which may not be in the best interests of the company.

d$.$

Budgets can result in short$-$term thinking by managers as they may too focused on meeting the goals laid out in a budget instead of the long$-$term growth of the company.