Participation creates greater ________ and accountability towards the budget among lower-level managers.

Question

Quizplus · Accepted Answer

Participation in budgeting creates a sense of commitment among lower-level managers as they feel responsible for achieving the budget targets. They are more likely to put in efforts to achieve the budget goals and remain accountable for their performance. This helps in creating a budget culture in the organization, where budgeting is viewed as an important management tool. Resistance and animosity towards budgeting may arise if managers are not involved in the budget process, leading to resentment towards budget targets. Concern may arise due to uncertainty in the budgeting process, but it may not necessarily result in greater accountability towards the budget.

Participation Creates Greater ________ and Accountability Towards the Budget Among