Disadvantages budgeting

Disadvantages budgeting - when managers intentionally...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: when managers intentionally underestimate budgeted revenues or overestimate budgeted expenses in order to make it easier to achieve budgetary goals....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online