Which of the following is not a major benefit of budgeting?
a. Budgeting compels managers to think ahead.
b. Budgeting provides definite expectations that are the best framework for judging subsequent performance.
c. Budgeting aids managers in coordinating their efforts so the objectives of the organization as a whole match the objectives of its parts.
d. Budgeting allows managers to operate day-to-day, reacting to current events rather than planning for the future.