...observations:? a) "only adverse variances are worth invesgating because favourable variances by definition, must be good"
b)"budgets are OK but they stifle all initiative . No manager worth employing would work for a business which seeks to control through budgets"
c)"any sensible person would start with the sales budget and build up the other budgets from there"
plz briefly comment on this
b)"budgets are OK but they stifle all initiative . No manager worth employing would work for a business which seeks to control through budgets"
c)"any sensible person would start with the sales budget and build up the other budgets from there"
plz briefly comment on this