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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
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. Comparing actual to budgeted performance can aid in monitoring and control. 2. Employees might commit unethical acts to meet budgeted goals. 3. A budget forces managers to spend time planning for the future. 4. Budgets can be used to motivate employees. 5. Budgets can lead to excessive pressure to meet budgeted results
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