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Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
Edition 4ISBN: 978-0324380767 Exercise 36
Which of the following is not an advantage of participative budgeting
A) It encourages budgetary slack.
B) It tends to lead to a higher level of performance.
C) It fosters a sense of responsibility.
D) It encourages greater goal congruence.
E) It fosters a sense of creativity in managers.
A) It encourages budgetary slack.
B) It tends to lead to a higher level of performance.
C) It fosters a sense of responsibility.
D) It encourages greater goal congruence.
E) It fosters a sense of creativity in managers.
Explanation
Verified
Verified
e. It encourages budgetary slack
Reason...
Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger
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