In: Accounting
Which of the following is an advantage of the budgeting process?
It focuses on the needs of customers and ensures that they receive good service and high-quality products at a fair price. |
||
It can force management to focus on the past and not be distracted by current activities of the organisation. |
||
It can help facilitate goal congruence throughout the organisation. |
||
It may lead to managers introducing budgetary slack. |