(c) Discuss the ways in which budgets and the budgeting process can be used to motivate managers to
endeavour to meet the objectives of the company. Your answer should refer to:
(i) setting targets for financial performance;
(ii) participation in the budget-setting process. (12 marks)
正确答案：(c) Examiner’s Note:The topic of managerial motivation and budgeting has been a subject of discussion for a number of years. There are linkshere to the topics of performance measurement and responsibility accounting. Discussion should be focused on the ar
