Question
As with everything else, Budgeting has its fair share of shortcomings, yet it continues to be used as a major management/planning tool. required: Identify FIVE
As with everything else, Budgeting has its fair share of shortcomings, yet it continues to be used as a major management/planning tool.
required:
Identify FIVE (5) disadvantages of Budgeting and discuss THREE (3) distinct advantages of budgeting to prove that the benefits of Budgeting to an organization far outweighs the costs.
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Step: 1
I Disadvantages of Budgeting 1 Inflexibility Making changes to a budget after it has been established can be challenging and timeconsuming Budgeting becomes an inflexible tool as a result which can be ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
