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Select all that the downside of budgets: They can contain excessive...

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Accounting

Select all that the downside of budgets:

They can contain excessive padding that might compromise their utility.
They can create resentment from those subject to their limitation.
They create lock-in to management to the numbers on the plan.
They show bottlenecks in the process (operation).

Select all that true regarding operational budgets:

They are used to plan for fixed assets.
They show bottlenecks in the process (operation).
They are for the near future.
They help allocate resources and set expectations for the operation as it is currently situated in the long term strategy.

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