Question

A company can expect to receive which of the following benefits when it uses a budgeting​ process? A. The budget helps motivate employees to achieve sales growth and​ cost-reduction goals. B. The budget provides managers with a benchmark against which to compare actual results for performance evaluation. C. The planning required to develop the budget helps managers foresee and avoid potential problems before they occur. D. All of the above

Answer 1

The correct answer is

B. The budget provides managers with a benchmark against which to compare actual results for performance evaluation.

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