Discussion Questions: Participative Budgeting

Discussion Questions covers:

Question AWhat is participative budgeting? What are its potential benefits? What are its potential disadvantages?Question BWhat is budgetary slack? What incentive do managers have to create budgetary slack?Discussion: Reflection and ReviewReview and reflect on what you learned in the past 8 weeks. What is the most practical and easily applied lesson you learned? What was the hardest to grasp? Why? What else do you need to know about Managerial Accounting?

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