Which of the following is a potential disadvantage of participative budgeting?
A) Managers are more likely to be motivated by budgets they helped to create.
B) Managers may build slack into the budget.
C) Managers should have more detailed knowledge for creating realistic budgets.
D) None of the above are true.
Correct Answer:
Verified
Q1: A budget is a quantitative expression of
Q3: The master budget includes both the operating
Q4: A rolling budget is a budget that
Q7: The capital expenditures budget is not part
Q8: Strategic planning involves
A)setting long-term goals that extend
Q10: A rolling budget is a budget that
A)extends
Q11: Budgets do not provide benchmarks to help
Q12: Most companies use _ when developing the
Q13: Managers may intentionally build slack into the
Q14: Strategic planning involves setting short-term goals extending
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