The Major Difference Between the Top-Down and the Bottom-Up Budgeting

Multiple Choice

The major difference between the top-down and the bottom-up budgeting process is ________.

A) whether the budget request is raised or lowered
B) the degree of centralization in the budgetary process
C) whether zero or incremental budgeting is used
D) the time interval between initial budget setting and the end of the budgetary process