In the Context of Budget Preparation, Which of the Following

Multiple Choice

In the context of budget preparation, which of the following is an advantage of using bottom-up budgeting?

A) It is less time consuming than the top-down approach.
B) It eliminates the possibility of budgetary slack.
C) Middle managers are likely to be highly motivated to achieve budgetary goals.
D) Supervisory managers are likely to know the long-term strategic needs of a company.