This implies that the people responsible for the budget process take into account the organisation's values, strategies and plans. Furthermore, efficiency and cost-effectiveness are needed, and knowledge of the resources needed to generate revenue for strategic plans must be effectively allocated. These prerequisites are essential when making extensive use of human resources during the budgeting process when planning, controlling and allocating organizational resources. This implies that organizations should use optimally sized budgeting teams in order to eliminate potential discrepancies during budget formation.