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Which of the Following Statements Is True

Question 81

Multiple Choice

Which of the following statements is true?


A) Participative budgeting means that a company's budget should be prepared by lower-level employees.
B) The attitudes and actions of upper-level management have little impact on the effectiveness of a company's budget.
C) Employees often find that budgets are constraining and limiting.
D) In preparing a budget, information flows occur only from the bottom up.

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