Answered: indicate yes if it describes a…

indicate yes if it describes a potential benefit of budgeting orno if it describes a potential negative outcome of budgeting. Budgets are useful in assigning blame for unexpected results.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 2DQ: Briefly describe the type of human behavior problems that might arise if budget goals are set too...

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indicate yes if it describes a potential benefit of budgeting or
no if it describes a potential negative outcome of budgeting. Budgets are useful in assigning blame for unexpected results.

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indicate yes if it describes a potential benefit of budgeting orno if it describes a potential negative outcome of budgeting. Budgets help coordinate activities across departments.
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Sometime the budgetary performance is seems to be a misleading and less effective if it is consider as a standard. Can you justify? Give an example where needed
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indicate yes if the item is an important budgeting guideline orno if it is not. Goals in a budget should be set low so targets can be reached.