70.8k views
22 votes
Discuss the benefits, and limitation of Budgeting.

User StackErr
by
3.2k points

1 Answer

10 votes
Budgeting allows management to decentralize responsibility while yet maintaining control over the company. It quickly uncovers organizational flaws, inefficiencies, and deviations that may be addressed in order to reach a desired goal.
User Rjrudin
by
3.9k points