While the budget is usually thought to be an important and necessary tool for management, it has

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While the budget is usually thought to be an important and necessary tool for management, it has been subject to some criticism from man¬ agers and researchers studying organizations and human behavior. LO3

(a) Describe and discuss the benefits of bud¬ geting from the behavioral point of view.

(b) Describe and discuss the criticisms leveled at the budgeting processes from the behav¬ ioral point of view.

(c) What solutions are recommended to over¬ come the criticisms described in part b?

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Cost Accounting

ISBN: 9780538828079

11th Edition

Authors: Lawrence H. Hammer, William K. Carter, Milton F. Usry

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Question Posted: Jul 19, 2024 10:00 PM

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While the budget is usually thought to be an important and necessary tool for management, it has

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Cost Accounting

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