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Group Discussion Prompt: Cost Accounting Respond to the following scenario: Budgets are prepared for many different reasons that are important to a company. When resources
Group Discussion Prompt: Cost Accounting
Respond to the following scenario:
Budgets are prepared for many different reasons that are important to a company. When resources are scarce, a budget gives you a plan to conserve those resources. It can also be used for performance evaluation. One example is when a manager's bonus is tied to the budget results. Is this a fair practice? Why or why not?
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