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Hi,
Please help me with this question. I know option 1) is the disadvantage of participative budgeting. But I am not sure for option 2 and 3.
Participative budgeting is where the managers are involved in the budget process.
2 is an advantage, because if they are involved in setting their budgets they will feel more responsible.
3 is an advantage because it helps to train them in the process
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