Managers use budgets for planning and establishing goals for the future. Budgets also help managers evaluate past
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Managers use budgets for planning and establishing goals for the future. Budgets also help managers evaluate past performance.
Required:
a. What areas of conflict are there between these two purposes of budgets?
b. How does allowing employees to participate in the budgeting process help solve these areas of conflict?
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Related Book For
Cost Accounting Using A Cost Management Approach
ISBN: 9780256174809
6th Edition
Authors: Letricia Gayle Rayburn, Martin K. Gay
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