Question

In: Accounting

Which of the following is NOT a benefit of budgeting.  (Select all the answers that apply) a)...

Which of the following is NOT a benefit of budgeting.  (Select all the answers that apply)

a) Requires all levels of management to plan ahead

b) Facilitates coordination of activities within the business

c) It motivates personnel throughout organization to meet planned objectives

d) Provides definite objectives for evaluating performance

e) The budget provided the foundation for preparing financial statements included in the 10K report to the SEC.

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