Final answer:
Adopting a budget promotes efficiency, deters waste, and provides a basis for performance evaluation, but it does not guarantee that profit objectives will be accomplished, as many external and internal factors can affect the outcome.
Step-by-step explanation:
The item that does not follow from the adoption of a budget is D) Guarantee of accomplishing the profit objective. While adopting a budget can promote efficiency and serve as a deterrent to waste, and it often provides a basis for performance evaluation, it does not inherently guarantee that the profit objectives will be accomplished. A budget is a financial plan which lays out expected revenues and expenditures over a period, but its successful implementation depends on many factors, including market conditions, company performance, and unforeseen expenses. Even with a well-formulated budget, there are no guarantees in business, and profits will still depend on the entity's ability to effectively execute the strategy and adapt to changing circumstances.