B. One of the disadvantages of budgeting is that it is continually adapted to fit changing circumstances.

C. One of the primary advantages of budgeting is that it does take the place of management and administration.

D. The budget is a realistic plan for the future expressed in quantitative terms. The budget serves as planning, control, coordination, evaluation tool, etc. Budgets of individual departments are formed into one organizational budget. Thus, one of the primary advantages of budgeting is that it requires departmental managers to make plans in conjunction with the plans of other interdependent departments, thus promoting coordination and communication among organization units and activities.