1. Briefly explain the following in relation to budgets: (i) Motivation; (2 mar s) (ii) !

arti"ipation (2 mar s) (iii) #oal "ongruen"e (2 mar s) 2. $xplain how budgets "an be set (two ways) and list some advantages and disadvantages of ea"h. (% mar s for explanation and & mar s for advantages and disadvantages)

'. (hat is a negotiated budget) (2 mar s) %. (hat is feedba" and how "an it be implemented in an organi*ation. (%2 mar s) +. ,efine the term -Budgetary sla" . (2 mar s)

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