Participative Budgeting In Mangerial Accounting

Participative Budgeting in Mangerial Accounting Advantages and Disadvantages of Participative Budgeting Participative Budgeting is the situation in which budgets are knowing and set after input from range managers, instead of and macrocosm imposed. The idea behind this sort of budgeting is to assign tariff to stamp down managers and place a form of personal possession on the final budget. Nearly two decades of management explanation search has resulted in equivocal findings on the consequences and effects of participative budgeting (Lindquist 1995).

Participative budgeting sure as shooting has various advantages, th ese include the transferral of information from subordinate to super increased job satisfaction for the subordinate, budgetary responsibleness and destination congruence. Its disadvantages include budgetary slack and negative motivation, til now it is the conditions in which participative budgeting takes place determines whether the budgeting process is success...If you want to get a large essay, order it on our website: BestEssayCheap.com

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