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Budgetary stock occurs when Employees refuse to adhere to budgeted plans and operations The budget to so difficult to meet that employees slack-off from work

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"Budgetary stock" occurs when Employees refuse to adhere to budgeted plans and operations The budget to so difficult to meet that employees slack-off from work An authoritative, or imposed, budgeting process is used. To "meet" budget objectives, employees ask for resources in excess of what they need Employees ask for fewer resources than they need, in order to continuously improve. Which of the following statements about budgeting a not true? Budgeting is designed to be an aid to planning and control Budgets create standards for performance evaluation Budgets help coordinate the activities of the entire organization. Budgeting forces managers to think ahead and to formalize long-rango objectives Budgeting eliminates the need for day-to-day monitoring of operations. Zero-base budgebng (ZBB) differs from traditional budgeting in terms of its requirement to. Justify all budgeted operations and associated spending. Consider the time-value of money in the budgeting process. Start the budgeting process from the lowest level of the organization. Incorporate continuous-improvement standards in the set of financial and operating budgets. E. Minimize the existence of "budgetary slack

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