Final answer:
The budgeting planning function is exemplified by outlining a specific course of action for the upcoming period, demonstrating how resources are allocated to achieve future financial targets and strategic objectives.
Step-by-step explanation:
The example of the planning function of the budgeting process in the question is D) The budget outlines a specific course of action for the coming period. This aspect of budgeting is focused on crafting a blueprint for what the business aims to achieve financially in the foreseeable future. A budget not only provides a detailed forecast of incomes and expenses but also allows an organization to allocate resources effectively and pursue strategic goals. In contrast, options A, B, and C are more related to coordination, motivation, and control functions of the budget, respectively.