Answer: True
Step-by-step explanation:
Larger and more complex organizations typically require a longer time to prepare their budgets than the smaller organizations because of the considerable effort that is required to coordinate the different units within the business.
Size of a business decides how much time will be taken to prepare the budget. Smaller organization usually have few resources and few staffs and their budgets are lower than big organizations so they'll require lower time compared to big organizations that need more time.