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Which of the following is not a benefit of budgeting? a. Provides assurance that accounting...

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Accounting

Which of the following is not a benefit of budgeting? a. Provides assurance that accounting records are in accordance with generally accepted accounting principles b. Coordinates the activities of the company by integrating the plans of all departments c. Requires managers to plan ahead and to formalize their objectives d. Sets realistic standards that serve as benchmarks for evaluating performance

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