CMA-FINANCIAL-PLANNING-PERFORMANCE-AND-ANALYTICS Web TestEngine demo

Managers are held responsible for reaching their goals and cannot shift responsibility by blaming the unrealistic goals demanded by the budget.

Budget estimates are prepared by those in direct contact with various activities

individuals at all organizational levels are recognized as being pan of the team resulting in greater support of the budget

When managers set the final targets for the budget, it reduces top management's concerns about the profitability of operations