Budgeting can result in incentives to lie and cheat that undermine ________.
A)the Securities and Exchange Commission
B)a company's ethical standards
C)a company's value chain
D)standards of confidentiality promulgated by the Institute of Management Accountants

Question

Quizplus · Accepted Answer

Budgeting can create pressure to meet unrealistic targets, which may lead employees to engage in unethical behavior such as misrepresenting financial information or manipulating transactions. This undermines a company's ethical standards and can lead to negative consequences such as decreased trust with stakeholders and legal issues.

Budgeting Can Result in Incentives to Lie and Cheat That