Budgeting assists management in which of the following areas?

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Budgeting is a tool that assists management in planning and setting objectives, motivating employees, and measuring performance. By setting a budget, management is able to plan for future expenses and revenue, and set objectives that align with the company's goals. Budgets also motivate employees by setting goals and targets to work towards. Lastly, by comparing actual performance against the budget, management can measure performance and make necessary adjustments.

Budgeting Assists Management in Which of the Following Areas