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For each of the following indicate yes if it describes a potential benefit of budgeting or no if it describes a potential negative outcome

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For each of the following indicate yes if it describes a potential benefit of budgeting or no if it describes a potential negative outcome of budgeting 1. Budgets can provide incentives for good performance. 2. Some employees might overstate expenses in budgets. 3. Employees might commit unethical acts to meet budgeted goals. 4. A budget forces managers to spend time planning for the future. 5. Budgets help coordinate activities across departments Yes

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