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What does the term "goal congruence" mean in relation to budget preparation?

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Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2016/03/17
Deleted user
by Deleted user

The term "Goal Congruence" in relation to budget preparation means that budget has also to be prepared in line with the organization's goals, strategy and/or targets for it to be relevant in purpose.

Faheem ul Hussain Dehraj
by Faheem ul Hussain Dehraj , Trainee Finance officer , Government Finance and Planning Department

Goal congruence mean Management of organization must be alienated to the goal of its organization and shareholder value

Mohammed Osman Mujahid
by Mohammed Osman Mujahid , Senior Facilities Manager , Telangana Facilities Management Council

Goal congruence in budget preparation for an organization is to accurately forecast its operational expenses in various heads which has to be lower than the forecast revenue generation to achieve its goal

Deleted user
by Deleted user

Goal congruence is defined as consistency or agreement of individual goals with company goals meaning everyone in the company needs to be rowing in the same direction.

Taheri kapadia
by Taheri kapadia , Accounts Manager / Chief Accountant , Digits General Trading Co.

Goal Congruence is the  integration of multiple goals, either within an organization or between multiple groups. Congruence is a result of the alignment of goals to achieve an overarching mission.

Muhammad Farhan Mughal
by Muhammad Farhan Mughal , ACCOUNTANT GENERAL , Alyan Building Cont. L.L.C.

It's very simple, when preparing budgets individual goals should be matched with corporate goals.

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