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  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 15: Budgets
  5. Question
    A Situation Where the Involvement of Lower-Level Managers in the Budget
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A Situation Where the Involvement of Lower-Level Managers in the Budget

Question 1

Question 1

True/False

A situation where the involvement of lower-level managers in the budget process is merely 'window dressing', that is, they appear to be involved but in fact are not, is referred to as 'pseudoparticipation'.

Correct Answer:

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