Scholar Merchant , K.A. , ‘ Budgeting and the Propensityto CreateBudgetary Slack
10 8 - 10 Self - Imposed Budgets Self - imposed budgets should be reviewed by higher levels of managementto prevent“ budgetary slack
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to lower firm returns from suboptimal resource allocation decisions , because they hinder full disclosure of private information and coordination of business unit activities ( Onsi , 1973can leadto lower firm returns from suboptimal resource allocation decisions , because they hinder full disclosure of private information and coordination of business unit activities ( Onsi , 1973
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a wages construction which provides an inducement for directors to choose accounting processs and accumulations to increase the present value of their wagesscreatesa wages construction which provides an inducement for directors to choose accounting processs and accumulations to increase the present value of their wagess
a income construction which offers an inducement for directors to choose accounting processs and accumulations to improve the present value of their wagesscreatesa income construction which offers an inducement for directors to choose accounting processs and accumulations to improve the present value of their wagess
a reward structure which provides an incentive for managers to select accounting procedures and accruals to increase the present value of their rewardscreatesa reward structure which provides an incentive for managers to select accounting procedures and accruals to increase the present value of their rewards
your budget in Excelcreateyour budget in Excel
from the interest of managers to present better performance than forecast in the budget ( Beuren & Wienhage , 2013resultsfrom the interest of managers to present better performance than forecast in the budget ( Beuren & Wienhage , 2013