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