Final answer:
Budgeting is useful because it compares "actual" revenues and expenses against "budgeted" revenues and expenses, allowing businesses to track their financial performance and make informed decisions.
Step-by-step explanation:
Budgeting is useful because it compares "actual" revenues and expenses against "budgeted" revenues and expenses. By comparing actual and budgeted amounts, businesses can identify any discrepancies and make necessary adjustments. This helps businesses to track their financial performance and make informed decisions.