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Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

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BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

What behavioral problems are associated with selling a budget too loosely?

To determine

Budgeting is a process to prepare the financial statement by the manager to estimate the organization’s future actions. It is also helpful to satisfy the everyday activities.

To Describe: The behavioral problems that are associated with setting a budget too loosely.

Explanation

When the budget goals are set too loosely, it observed as unachievable. The employees and managers may fail to encourage themselves to achieve the organiza...

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