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Describe Participative Budgeting and identify six benefits ofparticipative budgeting? ( 500 words limit )Describe...

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Accounting

Describe Participative Budgeting and identify six benefits ofparticipative budgeting? ( 500 words limit )

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A Participative Budget is the budget in which employees actually affected by the budget are directly involved in an organizations budgetary process eg Front line managers This is a bottomup approach to budgeting It is a more collaborative form of budgeting as it tends to    See Answer
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In: AccountingDescribe Participative Budgeting and identify six benefits ofparticipative budgeting? ( 500 words limit )Describe Participative Budgeting and identify six benefits ofparticipative budgeting? ( 500 words limit )

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