Final Answer:
A budget is an aid for coordinating what needs to be done to execute a plan. Thus, the correct answer is B) is an aid for coordinating what needs to be done to execute a plan.
Step-by-step explanation:
A budget serves as a crucial tool in coordinating and executing a plan within an organization. Option B accurately captures this essence by highlighting the role of a budget as an aid for coordination.
Budgets act as comprehensive financial roadmaps that outline the allocation of resources, including finances, manpower, and materials, necessary to achieve organizational goals. They assist in aligning various departments and functions towards a common objective by specifying what needs to be done, when, and by whom.
Moreover, budgets facilitate coordination by providing a framework for decision-making, resource allocation, and performance evaluation. By delineating financial targets and timelines, budgets enable management to monitor progress, identify discrepancies, and make timely adjustments to ensure the plan's successful execution.
While options A, C, and D touch on other aspects of budgets, such as expressing a proposed plan of action, aiding in problem identification, and potentially impacting production automation, they do not encapsulate the primary function of a budget in coordinating and directing activities to achieve organizational objectives.
Option B distinctly emphasizes the pivotal role of a budget as a coordination tool, essential for effective planning and execution within an organization.
Thus, the correct answer is B) is an aid for coordinating what needs to be done to execute a plan.