14 Budgets can be improved as performance measures by a hold

14. Budgets can be improved as performance measures by:

a. holding managers accountable for noncontrollable costs.

b. using fixed budgeting.

c. setting standards that are either too high or too low.

d. using participative budgeting

Solution

Option D is correct.

Participative budgeting is a budgeting process under which persons which are effected by a budget are involved in the budget creation process.