Identify one crucial factor that, in your view, makes the entire traditional budgeting process ineffective in controlling
Question:
Identify one crucial factor that, in your view, makes the entire traditional budgeting process ineffective in controlling the costs and revenues of an entity. Give reasons for your choice.
Factor: ________________________________________________________________________________
Reasons: ______________________________________________________________________________
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Factor Inflexibility and Lack of Agility Reasons The traditional budgeting process is often criticized for its inherent inflexibility which can render it ineffective in effectively controlling costs a...View the full answer
Answered By
Evans Cherono
I am an Information Technology Graduate and willing to work on any computer science or IT work to ensure I do my best all the time.
2+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
