Budgeting provides a benchmark against which an organization can measure its actual financial performance, allowing for identification of areas of success and those in need of improvement. This refers to which objective

CS CSEET · Business Laws and Management · PYQS · June 2026
Budgeting provides a benchmark against which an organization can measure its actual financial performance, allowing for identification of areas of success and those in need of improvement. This refers to which objective of budgeting?
(A) Allocating resources
(B) Controlling costs
(C) Financial planning
(D) Performance evaluation

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Performance evaluation.

Topics: Management

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