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Question 4 Briefly (5-10 lines) give a written answer to the following question (10 Marks); Not yet answered What function does an annual budget serve

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Question 4 Briefly (5-10 lines) give a written answer to the following question (10 Marks); Not yet answered What function does an annual budget serve as part of a company's performance measurement system and how can Marked out of budget be used to encourage goal congruence (or 'alignment')? 10 Flag question A + B E U S X2 E I D C > Benefits of 'Top-Down' budgeting approach DURING crisis? Disadvantages of 'Bottom-up' approach DURING CRISIS? Benefit of reverting to a more 'Participative' approach to budgeting AFTER crisis

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