behavioural implications of budgeting are, budgetary slack and participative budgeting. budgetary slack tends to happen when the manager of division wants their performance looks good, but in the wrong way by padding the budget. therefore, they looks like "beat the budget". participative budget can cause delay andvacillation.
Budgeting means making a financial plan about how much money to spend on specific items. You might say for example, I am budgeting a thousand dollars for snacks.
Some of the advantages of incremental budgeting are that this type of budgeting is easy and quick. Some disadvantages of incremental budgeting are that different methods for achieving the objective may not be considered and if the budget is not fully spent it can be reduced during the next period.
Zero based budgeting is a really good approach to planning and making decision which is the opposite of traditional budgeting. The term "zero-based budgeting" is sometimes used in personal finance to describe "zero-sum budgeting", the practice of budgeting every dollar of income received, andthen adjusting some part of the budget downward for every other part that needs to be adjusted upward.
The activity based budgeting will give a percentage of the budget to the sections that are the most used. Traditional just splits it all up evenly.
Sales budgeting is the starting point of budgeting process as in sales budget first of all the sales demand is determined and after that all other budgets are prepared to fulfill that demand.
what are the behavior implication of control
Purpose of budgets; Behavioral aspects of budgeting; Advantages arising out of staff participation; Factors affecting behaviour ...for more info open the third & fourth link of this website: sos-business.co.cchope you get answer; good luck !
One way to know that someone is being controlled by another person is the look of fear in their eyes. Additionally, the person will not readily voice their opinions.
what does the process of budgeting encompass? what does the process of budgeting encompass?
marketing budgeting
budgeting that's rational
Financial implications refer to the potential economic consequences or effects that decisions, actions, or events may have on an individual, organization, or economy. They can involve changes in costs, revenues, cash flow, investments, or overall financial stability. Understanding these implications helps stakeholders make informed decisions and assess risks associated with financial commitments or strategies. Analyzing financial implications is crucial for budgeting, forecasting, and strategic planning.
objectives of capital budgeting
BUDGETING AND MARKETING OF WATER
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what are the objective of capital budgeting
Meaning of Capital Budgeting