Budgeting can result in incentives to lie and cheat that undermine ________.
A) a company's ethical standards
B) a company's value chain
C) standard of objectivity promulgated by the Institute of Management Accountants
D) none of the above

Question

Quizplus · Accepted Answer

Budgeting can create pressure for employees to meet targets, which may lead to unethical practices such as manipulating financial statements or misreporting data. This can undermine a company's ethical standards and damage its reputation.

Budgeting Can Result in Incentives to Lie and Cheat That