Revision question on criticism of budgeting process.

Budgeting process has been criticized as follows:

  1. It is a cumbersome process which occupies considerable management time
  2. It is a process that focuses on short term financial control
  3. It has undesirable effects on the motivation of managers, and
  4. It emphasizes formal organizational structure


  • Explain these criticisms
  • Explain the change that can made in response to these criticism to improve the budgeting process.

Leave a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: