Which of the following is a disadvantage of participative budgeting?
A)It takes time to prepare and produce the information needed
B)Many of the participants at this level are insufficiently trained in the budgeting process
C)Many managers at this level treat the process as a game - that is,they try to 'win' more for their section than their fellow managers
D)All of the above

Question

Quizplus · Accepted Answer

All of the given options are disadvantages of participative budgeting. It takes time to prepare and produce the necessary information, many participants lack proper training, and some managers treat the process as a competition instead of focusing on the overall goals of the organization.

Which of the Following Is a Disadvantage of Participative Budgeting