(a) Discuss the behavioural arguments for and against involving those members of management who are responsible for...
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(a) Discuss the behavioural arguments for and against involving those members of management who are responsible for the implementation of the budget in the annual budget setting process. (10 marks)
(b) Explain how the methods by which annual budgets are formulated might help to overcome behavioural factors likely to limit the efficiency and effectiveness of the budget.
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