Participation in the budget process is often viewed as way to improve the accuracy of the targets
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Participation in the budget process is often viewed as way to improve the accuracy of the targets as well as encouraging managers to take responsibility for achieving the targets. Can you see any potential negative effects that may accrue from this process?
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A participative approach to budgeting is more time consuming and theref...View the full answer
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Related Book For 
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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