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Budgeting

Forums › Ask CIMA Tutor Forums › Ask CIMA P3 Tutor Forums › Budgeting

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by Ken Garrett.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 13, 2019 at 4:03 pm #515789
    sureena
    Member
    • Topics: 29
    • Replies: 11
    • ☆

    Beyond budgeting (BB) – True or False

    1. A co cld implement BB simply by doing away with budgets – FALSE?
    2. BB wld require careful implementation to ensure activities are coordinated – TRUE?
    3. Implementing BB could reveal that managers prefer to have traditional budgets? – FALSE?
    4. BB is unsuitable for all but a tiny no of companies – TRUE?

    May 14, 2019 at 11:13 am #515888
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    I think 3 could be true also.

    May 29, 2019 at 1:01 pm #517792
    sureena
    Member
    • Topics: 29
    • Replies: 11
    • ☆

    The questions ask to pick two true answers?
    So is 2 and 4 ok?
    I dont have the answer key. Its from a quiz I got from a friend with no answers unfortunately.

    May 29, 2019 at 2:58 pm #517831
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    I would probably go for 2 and 3. Presumably many companies could use BB and anyhow, ‘tiny number’ has not been defined so difficult to say TRUE.

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