(c) Discuss the ways in which budgets and the budgeting process can be used to motivate ma

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(c) Discuss the ways in which budgets and the budgeting process can be used to motivate managers to

endeavour to meet the objectives of the company. Your answer should refer to:

(i) setting targets for financial performance;

(ii) participation in the budget-setting process. (12 marks)

参考答案:

(c) Examiner’s Note:The topic of managerial motivation and budgeting has been a subject of discussion for a number of years. There are linkshere to the topics of performance measurement and responsibility accounting. Discussion should be focused on the ar

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