Asked by
angie moore
on Oct 15, 2024Verified
Employees who will have performance evaluated according to the budget standards should not be involved in preparing the budget.
Budget Standards
These are predetermined costs or revenues that serve as benchmarks for evaluating the performance of different departments within an organization.
Employees' Involvement
Refers to the extent to which employees can contribute to decision-making processes within a company, impacting its operations and policies.
- Recognize the positive impact of budgeting on employee motivation and performance evaluation.
Verified Answer
MK
Learning Objectives
- Recognize the positive impact of budgeting on employee motivation and performance evaluation.
Related questions
Managers Must Ensure That Activities of Employees and Departments Contribute ...
If Applied Correctly,budgeting May Have a Positive Effect on Employee ...
A Formal Statement of Future Plans, Usually Expressed in Monetary ...
A Budget Is Best Described As ...
Which of the Following Is a Benefit Derived from Budgeting ...