chp 20 hw

For each of the following indicate yes if the item is an important budgeting guideline or no if it is not Yos Yes 1. Employees should have the opportunity to explain differences from budgeted amounts 2. Budgetary goals should be attainable 3. Budgets should encourage employees to spend budgeted amounts on unnecessary items. 4. Budgets should understate budgeted sales and overstate budgeted expenses 5. Budgeted goals should be challenging