Which of the following is not an advantage of participative budgeting?a. It encourages budgetary slack.b. It tends to lead to a higher level of performance.c. It fosters a sense of responsibility.d. It encourages greater goal congruence.e. It fosters a sense of creativity in managers.

Which of the following is not a benefit of participative budgeting?   Multiple Choice It serves as training or development for managers. It provides information that employees know but managers do not. It reduces or eliminates the need for tracking actual cost activity. It enhances employee motivation and acceptance of goals.

Which of the following is not a benefit of budgeting?   It allows for coordination between different departments within a firm.   It compels managers to develop objectives and to plan allocating resources to achieve the objective.   It provides performance evaluation and feedback.   It reduces the need for analysis with regard to company expenses.

A major benefit of a decentralized organization is that: a) Lower level managers are more motivated to improve productivity. b) It avoids decision making by less experienced lower level managers. c) Upper level managers are more involved in routine decisions. d) It avoids the necessity for a managerial accounting system.