One major criticism of budgeting is that it is used as a ‘cost reduction’ toolOne major criticism of budgeting is that it is used as a ‘cost reduction’ tool

Feb 15, 2024

“One major criticism of budgeting is that it is used as a ‘cost reduction’ tool rather than a ‘cost control’ tool. The objective of the budget is to control costs at an efficient level of operation.”

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One major criticism of budgeting is that it is used as a ‘cost reduction’ toolOne major criticism of budgeting is that it is used as a ‘cost reduction’ tool
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