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Why might participatory budgeting be considered more time-consuming?

Involvement of multiple stakeholders

Participatory budgeting is often regarded as more time-consuming primarily because it involves the engagement of multiple stakeholders. This process typically requires gathering input and feedback from a diverse group of individuals, including employees, management, and often the community, which can extend the time needed to formulate a budget. Each stakeholder may have different perspectives, priorities, and interests, necessitating discussions and negotiations that can prolong decision-making. The collaborative nature of participatory budgeting aims to build consensus and ensure that various voices are heard, but this comprehensive involvement inherently adds complexity and duration to the budgeting process.

In contrast, the other options suggest streamlined processes or less engagement, which wouldn't contribute to the perception of time consumption inherent in participatory budgeting.

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Reduced oversight from managers

Limited employee input

Focus on financial reports

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