One disadvantage of a self-imposed budget is that budget estimates prepared by front-line managers are often less accurate and reliable than estimates prepared by top managers.

Question

Quizplus · Accepted Answer

Front-line managers often have more detailed and practical knowledge of their specific areas, which can lead to more accurate and reliable budget estimates compared to top managers who may not have the same level of insight into day-to-day operations.

One Disadvantage of a Self-Imposed Budget Is That Budget Estimates