Question

For each of the following items through 6, indicate yes if it describes a potential benefit of budgeting or no if it describes a potential negative outcome of budgeting. points Skpoed 1. Budgets help coordinate activities across departments 2 Budgets are useful in assigning blame for unexpected results 3. A budget forces managers to spend time planning for the future 4. Some employees might overstate expenses in budgets 5. Budgets can lead to excessive pressure to meet budgeted results 6. Budgets can provide incentives for good performance

Answer 1

1	Budgets helps coordinates activities across departments	YES
2	Budget are useful in assigning blame for unexpected results	NO
3	A budget forces managers to spend time planning for the future	YES
4	Some employees might overstate expenses in budget	NO
5	Budget can lead to excessive pressure to meet budgeted results	NO
6	Budget can provide incentive for good performance	YES

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