Question

The advantages and disadvantages of the public budget

Answer 1

Answer:

DISADVANTAGES:-

• Rigid decision making
• Time required.
• Gaming the system.
• Blame for outcomes.
• Expense allocations.
• Use it or lose it.
• Only considers financial outcomes.

ADVANTAGES:-

• Profitability review.
• Assumptions review.
• Performance evaluations.
• Funding planning.
• Bottleneck analysis
• Planning orientation.