Final answer:
Statement 'd. Budgets require time to prepare, and time costs money.' is not an advantage of budgeting, as it reflects a necessary investment rather than a direct benefit, unlike setting goals, problem-solving, and providing control which are clear advantages.
Step-by-step explanation:
The question concerns the evaluation of statements related to the advantages and disadvantages of budgeting. In this context, the correct statement that is not an advantage of budgeting is 'd. Budgets require time to prepare, and time costs money.'
While budgeting provides numerous benefits such as giving a concrete goal, assisting in solving problems, and serving as a control device to manage financial decisions, preparing a budget does indeed take time, which for businesses and individuals alike represents a cost. Although this preparation is crucial and the benefits often outweigh the costs, the time involved does not directly serve as an advantage of budgeting but is rather a necessary investment to achieve the other mentioned advantages.