Which of the following is a benefit derived from budgeting?

A. Budgeting provides a basis for evaluating performance.
B. Budgeting avoids the need for incentives to improve employee performance.
C. Budgeting eliminates the need for coordination across departments.
D. Budgeting avoids needing industry and economic factors in decision making.
E. Budgeting focuses management's attention on past performance.


Answer: A

Business

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