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help Question 01 Budget vs actual A budget is a means of exercising control over the business, where the budget is compared to the actual
help Question 01 Budget vs actual A budget is a means of exercising control over the business, where the budget is compared to the actual results. This exercise could also help in improving future budgeting. How do you think this could happen? Question 02 Biased estimates Budgeting could influence the behaviour of the managers and employees in a business organisation. For example, they might propose a target or estimate which does not reflect their capability appropriately. Explain the different reasons why a manager might submit a biased budget estimate. How do you guard against this
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