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angie moore
on Oct 15, 2024

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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.
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MK
Mary Katherine WalkerOct 20, 2024
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