Prenora Inc

Multiple Choice

Prenora Inc., a newly established company, is set to prepare its first budget. The top management of the company decides to use a budgeting approach that will seek active participation from the middle and supervisory managers of the company. In the given scenario, Prenora Inc. will most likely use the _____ to budgeting.

A) top-down approach
B) incremental approach
C) bottom-up approach
D) zero-based approach