sir one of the advantages of imposed style budget preparation is that -"managers cannot use budgets to play games which disadvantage other budget holders". Now, i don't quite understand this. Could yo please help me understand this statement sir?
Thank you!
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imposed style budgeting
5y ago#1The term used in the exam is not 'imposed style budgeting', instead the exam calls it 'top-down budgeting'.
As I explain in my free lectures, top-down budgeting does not involve individual managers preparing their own budgets and so they cannot prepare budgets that make them look good but make other managers look bad.
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