What is a primary benefit of using pre-defined business rules?

Using pre-defined business rules simplifies the budgeting process by providing a structured framework that helps organizations implement consistent and efficient budgeting practices. These rules come with best practices based on industry standards, enabling users to quickly set up their systems without needing to develop rules from scratch. This not only saves time but also reduces the potential for errors, ensuring that the budgeting process is both accurate and reliable.

Additionally, pre-defined business rules can significantly streamline training for new users since they create common reference points and workflows. This enhances user understanding and helps them become proficient more rapidly. Overall, the simplicity and consistency introduced by these rules help organizations focus on strategic decision-making rather than getting bogged down in complex, custom rule development.

The other options do not accurately reflect the primary benefits of using these business rules or are less relevant in the context of simplifying the budgeting process.