Asked by
Natalia Alessandria
on Nov 17, 2024
Verified
Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization.
Goal Conflict
A condition that occurs when individual objectives conflict with organizational objectives.
Budget Goals
Specific objectives set during the budgeting process that an organization aims to achieve, often related to cost control, revenue generation, or financial stability.
- Understand the concept and purpose of budgets in organizations.
- Comprehend the impact of budgeting on organizational planning and control.
Verified Answer
SA
Learning Objectives
- Understand the concept and purpose of budgets in organizations.
- Comprehend the impact of budgeting on organizational planning and control.
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