What are the three major objectives of budgeting

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Questions: 1. What are the three major objectives of budgeting?

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

3. What behavioral problems are associated with setting a budget too loosely?

4. What behavioral problems are associated with establishing conflicting goals within the budget?

5. Under what circumstances would a static budget be appropriate?

6. How do computerized budgeting systems aid firms in the budgeting process?

Reference no: EM132268410

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