All the following are considered to be benefits of participative budgeting, except for: When managers set...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
All the following are considered to be benefits of participative budgeting, except for: When managers set their own targets for the budget, top management need not be concerned with the overall profitability of operations. The budget estimates are prepared by those in directly involved in activities. Managers are held responsible for reaching their goals and cannot easily shift responsibility by blaming unrealistic goals set by others. Individuals at all organizational levels are recognized as being part of a team; this results in greater support for the organization. All the following are considered to be benefits of participative budgeting, except for: When managers set their own targets for the budget, top management need not be concerned with the overall profitability of operations. The budget estimates are prepared by those in directly involved in activities. Managers are held responsible for reaching their goals and cannot easily shift responsibility by blaming unrealistic goals set by others. Individuals at all organizational levels are recognized as being part of a team; this results in greater support for the organization.
Expert Answer:
Answer rating: 100% (QA)
The answer is A When managers set their own targets for t... View the full answer
Related Book For
Organizational Behaviour Concepts Controversies Applications
ISBN: 978-0132310314
6th Canadian Edition
Authors: Nancy Langton, Stephen P. Robbins, Timothy A. Judge, Katherine Breward
Posted Date:
Students also viewed these accounting questions
-
All of the following are considered to be measures of a company's short-term debt-paying ability except: A. Earning per share B. Current ratio C. Inventory turnover D. Average collection period
-
Evaluate whether all of the following are considered to be investment (7) in calculating GDP. - The purchase of a new automobile for private, non-business use - The purchase of a new house - The...
-
Which of the following are considered to be legal entities that exist separately and distinct from their owners? A. Sole proprietorships B. Organizations with more than 100 partners C. Corporations...
-
On January 5, Jones Ventures Inc. purchased 40% of the outstanding stock of Pilots Manufacturing Corp. The purchase was 20,000 shares at $10 per share. Jones received dividends from Pilots in the...
-
You have been a director of sales at Privation Insurance Company for the last five years. Next week, you will be promoted to the position of Vice President of Sales, leading a staff of 35 sales...
-
Alex Diaz, a former professional tennis star, operates Diaz Tennis Shop at the Cedar Lake Resort. At the beginning of the current season, the ledger of Diaz Tennis Shop showed Cash $2,500, Inventory...
-
Panther Racing, LLC, is involved in competitive racing, including the development, maintenance, and operation of a racing team in the IndyCar series. Beginning in 2008, the National Guard annually...
-
(Issuance and Exercise of Stock Options) On November 1, 2009, Olympic Company adopted a stock-option plan that granted options to key executives to purchase 40,000 shares of the companys $10 par...
-
Amazon, Inc. Presentation Your chief executive officer (CEO) has asked you to present the company's (Amazon, Inc.) process on making decisions under risks and uncertainty at the annual shareholders'...
-
FeVer Beverages is a typical coffee shop that operates at Batangas. Recently, the general manager is facing a challenge about not meeting their target lead time of serving the hot coffee of 15...
-
If the noncash assets were sold for $105,000, what would have been the maximum amount of cash that Canton could have expected to receive? 58. A partnership had the following account balances: Cash,...
-
1. Select the theory posited by either Karl Marx or Emile Durkheim on how industrialization changed the nature of work and explain the theoretical perspective as proposed by your selected theorist....
-
After reading the assigned selections (Long Ago & Legends), provide a "journal entry" by writing about the following elements: What idea or ideas do these readings make you think about? How does the...
-
If Peter has no black professional touring bikes in inventory in Germany North and he wishes to have a safety stock of 2, how many must he schedule for production next month for this sales...
-
Give 5 things or instances that showcase how your school impacts you and made you a better person, a better student, a better member of the community and possibly, a good leader in the future then...
-
After studying the 20th and 21st century Multimedia Forms, answer the following question. 1. How do you think should an artist be able to effectively convey emotions or ideas? 2. If you were given an...
-
2x1 + 7x2 + 11x3 = 15 8x1 + 29x2 + 46x3 = 62 NOTE: Give the exact answer, using fractions if necessary. Assign the free variable x3 the arbitrary value t. X1 x2 = X2 x3 = t
-
The polar coordinates of a point are given. Find the rectangular coordinates of the point. (-1, - /3)
-
Ineffective communication is the fault of the sender. Do you agree or disagree? Discuss.
-
In what ways does this case illustrate that knowledge of OB can be applied beyond your own workplace?
-
Assume one of your co-workers had to negotiate a contract with someone from China. What problems might he or she face? If the co-worker asked for advice, what suggestions would you give to help...
-
Discuss the impact of hedge fund regulation on hedge funds ability to deliver positive alpha to hedge fund investors.
-
Discuss the main methods used to identify operational risks in financial institutions such as hedge funds.
-
Explain how an organization can be assured that operational risks in outsourced processes are addressed and managed properly and according to an organizations standards.
Study smarter with the SolutionInn App