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QUESTION
Which of the following is an objective of budgeting?
Which of the following is an objective of budgeting?A. Budgeting provides benchmarks against which performance can be measured.B. Budgeting provides a fixed fiscal plan that should not be changed during the year.C. Budgeting helps managers build favorable variances into the performance-evaluation process.D. Budgeting is done exclusively by the chief fiscal officer for control purposes.
