MAF2

Syllabus D6. Behavioural aspects of budgeting 5 / 5

a) Motivation in performance management.
b) Factors in a budgetary planning and control system that influence motivation.
c) Impact of targets upon motivation.
d) Managerial incentive schemes.
e) Advantages and disadvantages of a participative approach to budgeting.
f) Top down, bottom up approaches
Behavioural aspects of budgeting