Answer: Option A it reduces the need of tracking the actual cost.
Step-by-step explanation:
The benchmark can be set when there is a budget prepared to evaluate the performance accordingly. The potential bottleneck situations can be identified with budget as it has the feature to forecast the future expenses that would be incurred.
Budget helps the manager to plan the activities of the business accordingly. Budget is calculated based on the previous year's performance. The resources can be efficiently allocated when a budgeting is done. Though budget is prepared as an estimate the actual costs should also be tracked.