A formal budget program will almost always result in higher

A formal budget program will almost always result in:

higher sales.

more cash inflows than cash outflows.

decreased expenses.

improved profits.

a detailed plan against which actual results can be compared.

Solution

A formal budget program will almost always result in a detailed plan against which actual results can be compared.

Since a detaile plan would be prepared in formal budget and we can compare actual results with planned results.