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Which of the false? A. The developers of the Beyond Budgeting model (Hope and Fr

ID: 2571089 • Letter: W

Question

Which of the false? A. The developers of the Beyond Budgeting model (Hope and Fraser) believe following statements regarding the "Beyond Budgeting " model is that budgeting as most corporations practice it should be abolished. The Beyond Budgeting model allows many innovative management tools such as the Balanced Scorecard to be used. B. C. D. The Beyond Budgeting model advocates setting longer-term goals based on benchmarks rather than adopting fixed annual targets. The Beyond Budgeting model suggests that rigid plans focus people on value creation whereas continuous planning focuses people on compliande

Explanation / Answer

D. False, as Rigid plans focus people on compliance and continuous planning focuses people on value creation.

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