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Consider the following statements about the motivational effects of the budgetary planning and control process
(1) Budgets that are accepted by managers as their own personal targets have significant and positive motivational effects
(2) In general, the motivational effect of budgeting is enhanced when top management direct and conto the whole process
Which of the above statements is/are correct?
Neither statement is correct
1 only
2 only
Both statements are correctWhy are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and explanations.
Have you watched out free lectures on this? The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.
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