In the planning phase of budgeting,managers evaluate the company's performance by comparing budgeted amounts to actual results.

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In the planning phase of budgeting, managers are primarily involved in setting financial goals and creating a plan (budget) to achieve those goals, rather than evaluating performance by comparing budgeted amounts to actual results, which occurs during the budget review or control phase.

In the Planning Phase of Budgeting,managers Evaluate the Company's Performance