Question

Budgets help with planning, coordination, performance evaluation, and corrective action

A. True
B. False

Answer 1

Budgets help with planning, coordination, performance evaluation, and corrective action.

Step-by-step explanation:

True

Budgets help with planning, coordination, performance evaluation, and corrective action. They provide a structured way to allocate resources and set goals, ensuring that resources are used efficiently and effectively. Budgets enable organizations to plan for the future, monitor progress, and take corrective action if necessary.