Which statement is not correct?
A) The existence of budgets tends to provide motivation to improve performance.
B) The 'top down' approach to budgeting tends to improve motivation.
C) Setting demanding, but achievable, targets is a better motivator than setting undemanding targets.
D) Unrealistic targets have adverse effects on managers' performance.
Correct Answer:
Verified
Q3: Budgets are generally regarded as having several
Q4: The master budget would typically consist of
Q5: What is the typical overall time period
Q6: There is often a limiting factor that
Q7: One of the approaches to setting budgets
Q9: In which order do the following steps
Q10: What is the main way in which
Q11: A budget system that always provides plans
Q12: If the principal objective of a firm
Q13: What does management by exception refer to
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