Staff Participation – NBC Institute

MA – April 2022 – L2 – Q4b – Budgetary control

Explain factors to consider when involving staff in the budgeting process.

Question

Most CEOs and their deputies feel reluctant to allow employees of their entities to participate in the budgeting process. They are of the opinion that such “openness” may expose them to pressure from staff on what is due to them.

Required:

Explain THREE (3) factors that will be considered when involving staff in the budgeting process.

Answer

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Tags: Budgeting Factors, Budgeting Process, Staff Participation
Level: Level 2

Topic: Budgetary control
Series: APR 2023

Question Tag: Staff Participation

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MA – April 2022 – L2 – Q4b – Budgetary control

Explain factors to consider when involving staff in the budgeting process.

MA – April 2022 – L2 – Q4b – Budgetary control

Explain factors to consider when involving staff in the budgeting process.

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Question Tag: Staff Participation

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MA – April 2022 – L2 – Q4b – Budgetary control

Explain factors to consider when involving staff in the budgeting process.

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MA – April 2022 – L2 – Q4b – Budgetary control

Explain factors to consider when involving staff in the budgeting process.

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