Pros and cons of awarding managerial bonuses
Not what you're looking for? Search our solutions OR ask your own Custom question.
Discuss the pros and cons of awarding managerial bonuses based on budgeted cost targets. Specifically, what are some ways that the manager could ensure him or herself a bonus but skew your financial data?
© BrainMass Inc. brainmass.com December 15, 2022, 8:17 pm ad1c9bdddfhttps://brainmass.com/business/management-accounting/pros-and-cons-of-awarding-managerial-bonuses-289151
Solution Preview
ANSWERS
------------
Giving bonuses to managers based on budgeted cost targets encourages these managers to keep within budget. However, a downside is that if an unforeseen, but necessary expenditure has to be made, it might not be made ...
Solution Summary
The expert discusses the pros and cons of awarding managerial bonuses based on budgeted cost targets.
$2.49