For each of the following items 1 through 6, indicate yes if it describes a potential benefit
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For each of the following items 1 through 6, indicate yes if it describes a potential benefit of budgeting or no if it describes a potential negative outcome of budgeting.
- Budgets help coordinate activities across departments.
- Budgets are useful in assigning blame for unexpected results.
- A budget forces managers to spend time planning for the future.
- Some employees might overstate expenses in budgets.
- Budgets can lead to excessive pressure to meet budgeted results.
- Budgets can provide incentives for good performance.
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