Which of the following are advantages of participative budgeting? Select one or more: Oi. budgets which are not in-line with corporate objectives Oil. higher spending targets which will result in a reconciliation process iii. increased ownership of the budget iv. Increases goal congruency and concentration on corporate objectives O v. Lower management does not have to take time to prepare the budget vi. Departments may look for resources that just don't fit into the budget. vii. too much focus on department objectives viii. increased understanding, communication and commitment on behalf of managers Oix. Those creating the budget may be out of touch with day-to-day activities