Which of the Following Statements About Budget Acceptance in an Organization

Multiple Choice

Which of the following statements about budget acceptance in an organization is true?

A) The most widely accepted budget by the organization is the one prepared by top management.
B) The most widely accepted budget by the organization is the one prepared by the department heads.
C) Budgets are hardly ever accepted by anyone except top management.
D) Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process.