Question: What is the difference between imposed budgets and participative budgets?

What is the difference between “imposed” budgets and

“participative” budgets?

Step by Step Solution

★★★★★

3.41 Rating (148 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Introductory Accounting Questions!

Q:

Introduction The culture of an organization affects the way in which people behave and has to be taken into account as a contingency factor in any programme for developing organizations and HR...

Q:

What is the difference between autocratic leadership and participative leadership?

Q:

Is the following query returns the output? What is the difference between the WHERE and HAVING clauses?What is SQL? When SQL appeared? What are the usages of SQL?Does SQL support programming language...

Q:

1. Which of the following is not a problem with budgeting? Select one: A. budgets based on limited knowledge - Career patterns influence behaviour B. Confrontations in budget setting non-arbitration!...

Q:

Budgets are essential for the successful operation of an organization. Finding the resources to implement budget goals requires extensive use of human resources. How managers perceive their roles in...

Q:

Mayco Manufacturing has multiple manufacturing plants throughout the southeastern United States. Once a year, the plant managers meet in the corporate headquarters where they are given their budgets...

Q:

As compared to "Participative Budgets" , "Imposed Budgets" tend to foster a higher degree of "buy-in/commitment" amongst the managers who must implement the budget. True False Question 4 ( 1 point)...

Q:

Due to human nature, "Participative Budgets" & "Imposed Budgets" tend to have no effect on the commitment levels of the managers who must implement these budgets. True False

Q:

A company sells $50,000 of old equipment for cash. The $50,000 is the equipment's depreciated value. As per the "Accounting Equation" the effect on Owner's Equity of this transaction is a decrease of...

Q:

Budgets are essential for the successful operation of an organization. Finding the resources to implement budget goals requires extensive use of human resources. How managers perceive their roles in...

Q:

A solar water heater costs about $5800 to install (after rebates). A traditional gas water heater costs about $900, and costs about $325 per year to run. The average annual cost to run the solar...

Q:

The Excel file Olympic Track and Field Data provides the gold medal winning distances for the high jump, discus, and long jump for the modern Olympic Games. Develop forecasting models for each of the...

Q:

What is the most common use for the folic acid antagonist, sulfamethoxazolelirimethoprim ( Bactrime ) ? A . Treatment of anaerobic infections and diabetic foot ulcers. B . Treatment of methicillin...

Q:

Who will be infl uential in allowing you to achieve your goal? Who is dependent on you for certain outcomes?

Q:

For some interest rate i and some number of interest periods n, the uniform series capital recovery factor is 0.1728 and the sinking fund factor is 0.0378. What is the interest rate?

Q:

A woman made 10 annual end-of-year purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for...

Q:

For some interest rate i and some number of interest periods n, the uniform series capital recovery factor is 0.1728 and the sinking fund factor is 0.0378. What is the interest rate? Discuss.

Q:

The 2015 financial statements for Growth Industries are presented below: INCOME STATEMENT, 2015 Sales $ 330,000 Costs 215,000 EBIT $ 115,000 Interest expense 23,000 Taxable income $ 92,000 Taxes (at...

Q:

CSCI 2 6 7 0 Study guide

Q:

Write in Java Two words are anagrams if they contain the same letters in the same frequency. For instance, stale and least are anagrams of each other. A simple way to check this is to sort the...