Which of the following statements is false regarding the benefits associated with participative budgeting? Multiple Choice Employee motivation and acceptance of goals is enhanced. Goal congruence by divisions means top management need not be concerned with overall profitability. It provides information that enables employees to associate rewards and penalties with performance. It can yield information that employees know but managers do not.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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9

Which of the following statements
is false regarding the benefits
associated with participative
budgeting?
Multiple Choice
Employee motivation and
acceptance of goals is enhanced.
Goal congruence by divisions
means top management need not
be concerned with overall
profitability.
It provides information that
enables employees to associate
rewards and penalties with
performance.
It can yield information that
employees know but managers
do not.
Transcribed Image Text:Which of the following statements is false regarding the benefits associated with participative budgeting? Multiple Choice Employee motivation and acceptance of goals is enhanced. Goal congruence by divisions means top management need not be concerned with overall profitability. It provides information that enables employees to associate rewards and penalties with performance. It can yield information that employees know but managers do not.
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