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 knowledgeable and set after input from low-level managers, instead of and existence imposed. The idea behind this sort of budgeting is to assign tariff to subjugate managers and place a form of personal possession on the final budget. Nearly two decades of management explanation research has resulted in equivocal findings on the consequences and effects of participative budgeting (Lindquist 1995).

Participative budgeting sure as shooting has various advantages, these include the transferral of information from subordinate to super increased job satisfaction for the subordinate, budgetary state and destination congruence. Its disadvantages include budgetary slack and negative motivation, only 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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