Which of the following is an objective of budgeting?A. Budgeting provides benchm

Which of the following is an objective of budgeting?A. Budgeting provides benchmarks against whichperformance can be measured. B. Budgeting provides afixed fiscal plan that should not be changed during the year.C. Budgeting helps managers build favorable variancesinto the performance-evaluation process.D. Budgeting is done exclusively by the chief fiscalofficer for control purposes.