WebHighly achievable budget target means easily achievable targets These are very easily achieved even with little effort c) What are the primary advantages of using "highly achievable targets" in terms of budgetary expectations? (7 marks) This assures a minimum performance from the team WebTHE ADVANTAGES OF USING HIGHLY ACHIEVABLE BUDGET TARGETS Choosing budget targets with such a high probability of achievement provides manyadvantages to …
Human Factors in Budgeting Effect of Top Management on …
WebADVANTAGES OF HIGHLY ACHIEVABLE BUDGET TARGETS: • They increase managers' commitment to achieve the targets. • It protects the organization against the costs of optimistic revenue projections. • They are motivating; they make most managers feel like winners. • They reduce the costs of organizational interventions by superiors. WebSimilarly to the level of participative budget above, generally, budgetary slack occurs when a manager submits a budget that is highly achievable budget targets. Typically, manager … philippines wrestling revolution 2023
The Achievability of Budget Targets in Profit Centers: …
WebTHE ADVANTAGES OF USING HIGHLY ACHIEVABLE BUDGET TARGETS Choosing budget targets with such a high probability of achievement provides manyadvantages to corporation, including the following: Managers’ commitment to achieve the budget targets is … Webachievable targets provide considerable challenge, and the high achievability actually provides many advantages, including improved corporate reporting, resource planning, … WebApr 18, 2016 · Highly achievable budget targets are usually preferred (rather than “stretch budget” targets) when managers are rewarded based on meeting budget targets. Incremental budget This is a budget prepared using a previous period’s budget or actual performance as a basis with incremental amounts added for the new budget period. philippines world map