Which of the Following Is a Reason Why Top Managers

Multiple Choice

Which of the following is a reason why top managers want lower-level managers to participate in the budgeting process?

A) To benefit from their experience with the day-to-day aspects of running the business.
B) To reduce the time and cost expended in the budgeting process.
C) To ensure that they do not introduce any budgetary slack.
D) To ensure that the budgets are administered rigidly given the changing market conditions.