ASNWER:

a. 3 benefits of budgeting
 Budget can help organizations to define their goals and objective, in which it acts as a
framework for the organization to attain them
 Budgeting can help organizations to estimate how much resource they need for production
and this helps to allocate their resources efficiently which in return allow the organization to
avoid any potential bottleneck during production
 Budgeting can help to coordinate the organization’s activities as every department and
centre will have their own responsibilities to integrate with other centres in the organization

b.