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Give the Limitations of budgeting

      

Give the Limitations of budgeting

  

Answers


Martin
- It is costly to prepare and review budgets at regular intervals.

- Budgets just point out the variances without providing for solutions.

- Badly handled budgetary systems may lower morale.

- Budgets may course inertia or lack of flexibility where the budgets are rigid.

- Budgets are developed around existing organizations structure which may be inappropriate
for current conditions.

- Need for personnel with requisite skills
marto answered the question on February 26, 2019 at 09:30


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