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11 Dec 2019
All of the following are necessary for budgets to be effective except:
a. Goals should be attainable.
b. Employees affected by a budget should be consulted when it is prepared.
c. Evaluations should be made carefully with opportunities to explain the differences between actual and budgeted amounts.
d. Managers must be aware of potential negative outcomes of budgeting, such as budgetary slack.
e. All budgeted amounts must be spent to ensure that budgets aren't reduced for the next period.
All of the following are necessary for budgets to be effective except:
a. Goals should be attainable.
b. Employees affected by a budget should be consulted when it is prepared.
c. Evaluations should be made carefully with opportunities to explain the differences between actual and budgeted amounts.
d. Managers must be aware of potential negative outcomes of budgeting, such as budgetary slack.
e. All budgeted amounts must be spent to ensure that budgets aren't reduced for the next period.
Irving HeathcoteLv2
25 Feb 2020