Multiple Choice
Which of the following is NOT a characteristic of bottom-up budgeting?
A) It encourages organization-wide input into the process.
B) It takes advantage of employees' intimate knowledge of operations when formulating plans.
C) It is not as time consuming as top-down budgeting.
D) It increases employees' commitment to achieving budget goals.
Correct Answer:
Verified
Correct Answer:
Verified
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