Why do managers want to manipulate their budgetWhy are they able to do soTo what extent is it possible for senior managers to counter boas the budget of junior managersHow would yoy attempt to...

biasing budgets
Why do managers want to manipulate their budgetWhy are they able to do soTo what
extent is it possible for senior managers to counter boas the budget of junior managersHow
would yoy attempt to restrict biasing of managers and what conseqiencea are likely to result
from your scheme
Solution:-
Managers of various departments are responsible for setting the standards i.e. budgets.
Managers prepare the standards by using information’s from various resources such as historical
data, market data, trend analysis, report of research and development department etc. the sole
responsibility of preparing budgets lies in the managers, so they have to be very cautious while
drafting the standards. Managers determine standard cost on the basis of past experience and
budgets.
If a manager does not carefully drafts the budgets then in such case...