Unless properly controlled, a "bottom-up" budgeting process can lead to:
A) Excessively tight (i.e., difficult-to-achieve) budgets.
B) Easy budget targets.
C) Excessive downward communication.
D) Reduced incentives for participation.
E) Reduced levels of "budgetary slack."
Correct Answer:
Verified
Q24: A "participative" budget is a(n):
A) Good two-way
Q25: Budgeting for production (i.e., units to be
Q26: Which one of the following is a
Q27: A negotiated budgeting process is:
A) Less effective
Q28: The budgeted income statement and budgeted balance
Q30: Sales forecasting by its nature is:
A) Precise.
B)
Q31: Financial budgets include the:
A) Pro forma balance
Q32: Maintaining a constant production level in a
Q33: Which one of the following is a
Q34: Which one of the following shows the
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