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Budgets are advantageous because they provide performance criteria, promote good

ID: 2543264 • Letter: B

Question

Budgets are advantageous because they provide performance criteria, promote goodwill, and save money compel planning that includes the implementation of plans, require organizing, and ensure controlling. compel planning that includes the implementation of plans, provide performance criteria, and promote goodwill. ensure that the organization meets its goals. compel planning that includes the implementation of plans, provide performance criteria, and promote communication and coordination within the organization.

Explanation / Answer

Answer - e. Compel planning that includes the implementation of plans, provide performance criteria, and promote communication and coordination within the organization. Budgeting is used mostly as a management tool to plan for future activities, allocate competing resources and evaluate team performance.

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