TAGHeuer is a luxury watch maker that relies heavily on a participatory budgeting process to plan for future accounting periods. Which of the following would NOT be considered a benefit for TAGHeuer when using participatory budgeting?

		Managers can intentionally build slack into their budgets for their area of operation, ensuring budget compliance.
		The budget provides a benchmark for comparing estimated with actual results for evaluating manager performance.
		The budget will better motivate employees to achieve sales growth and cost reduction goals.
		Lower-level managers have detailed knowledge that helps create realistic budgets.
		All of the above are benefits of using a participatory budgeting process at TAGHeuer.