Disadvantages budgeting

Disadvantages budgeting - when managers intentionally...

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Disadvantages budgeting: First, it is more time-consuming (and thus more costly). A second disadvantage is that participative budgeting can foster budgetary “gaming” through budgetary slack. Budgetary slack occurs
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Unformatted text preview: when managers intentionally underestimate budgeted revenues or overestimate budgeted expenses in order to make it easier to achieve budgetary goals....
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