Which of the following is not an advantage of participative budgeting? a. It fosters a sense of
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Which of the following is not an advantage of participative budgeting?
a. It fosters a sense of creativity in managers.
b. It encourages budgetary slack.
c. It fosters a sense of responsibility.
d. It encourages greater goal congruence.
e. It tends to lead to a higher level of performance.
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b It encourages budgetary slack While participative b...View the full answer
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Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
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