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The advantages and disadvantages of the public budget

User Tim Nyborg
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1 Answer

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28 votes

Answer:

DISADVANTAGES:-

  • Rigid decision making
  • Time required.
  • Gaming the system.
  • Blame for outcomes.
  • Expense allocations.
  • Use it or lose it.
  • Only considers financial outcomes.

ADVANTAGES:-

  • Profitability review.
  • Assumptions review.
  • Performance evaluations.
  • Funding planning.
  • Bottleneck analysis
  • Planning orientation.