In the context of budget preparation, which of the following is an advantage of using bottom-up budgeting?

A. It is less time consuming than the top-down approach.
B. It eliminates the possibility of budgetary slack.
C. Middle managers are likely to be highly motivated to achieve budgetary goals.
D. Supervisory managers are likely to know the long-term strategic needs of a company.


Answer: C

Business

You might also like to view...

Of the four stages of supplier selection, the stage at which the factor weighting approach would be used is ________

Fill in the blanks with correct word

Business

How much Medicare tax at 1.45% is deducted from $620 in gross wages?

Business

Using the maximin criterion you identify the best payoff for each alternative and then choose the alternative that is the "worst of the best"

Indicate whether the statement is true or false

Business

As a general rule, employers have a legal obligation to disclose information about former employees to potential future employers.

a. true b. false

Business