Customer Service Chat
Get quote & make Payment
Disadvantages of participatory budgets , Managerial Accounting
Disadvantages of participatory budgets
They consume more time and therefore are more expensive
The advantage of management participation may be negated by failure to implement the budget by senior management leading to dissatisfaction similar to that experienced with imposed budgets.
Such budgets may cause managers to introduce budgetary slacks ( A budgetary slack is a margin set between what can be achieved and what managers state will be achieved)
Managers may be unqualified to participate and therefore the budgets may be unachievable
Participatory budgets may support empire building by sub-ordinates.
An earlier start to the budgeting process maybe required when there is uncertainty about the future.
Posted Date: 12/7/2012 8:07:00 AM | Location : United States
Ask an Expert
Disadvantages of participatory budgets , Assignment Help, Ask Question on Disadvantages of participatory budgets , Get Answer, Expert's Help, Disadvantages of participatory budgets Discussions
Write discussion on Disadvantages of participatory budgets
Your posts are moderated
Write your message here..
Explain the modern control methods, 1. Explain the modern control methods w...
1. Explain the modern control methods with examples. 2. What are the reports produced for performance measurement? Demonstrate.
Motives for holding cash, The firm's require holding cash may be attributed...
The firm's require holding cash may be attributed to the three motives specified below: The transaction motive The precautionary motive The speculative motive.
Inventory planning & control under uncertainty, Inventory planning & contro...
Inventory planning & control under uncertainty The basic EOQ model assumes that all the parameters (elements) in the model are certain (i.e. can be predicted precisely in advan
What are the advantages of activity based costing, Advantages of activity b...
Advantages of activity based costing 1) It helps understanding the behavior of overhead costs and their relations ship to products services customers and market segments. 2)
Cost anlysis, briefly discuss five characteristics of relevant cost
briefly discuss five characteristics of relevant cost
Determine the profitability ratios in relation to investment, Determine the...
Determine the Profitability ratios in relation to investment a) Return on capital employed/ return on investment b) Return on equity or return on equity share holders' funds
Activity ratio, Accounting ratios that determine a firm's ability to conver...
Accounting ratios that determine a firm's ability to convert various accounts within their balance sheets into sales or cash. Companies will usually try to shift their productio
State performance budgeting according to carter performance, State performa...
State performance budgeting according to carter performance According to carter performance budgets use statement of mission goals and objectives to explain why the money is be
Strategic plan, How to write introduction on strategy plan
How to write introduction on strategy plan
Equivanlent units, Compute the equ units of production?
Compute the equ units of production?
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.