A budget too easily achieved will lead to diminished


1. A budget too easily achieved will lead to diminished performance. Do you agree? Explain.

2. What is the role of top management in participative budgeting?

3. Explain why a manager has an incentive to build slack into the budget.

4. Explain how a manager can milk the firm to improve budgetary performance.

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Finance Basics: A budget too easily achieved will lead to diminished
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