An Advantage of Top-Down Budgeting Is

question 11

Multiple Choice

An advantage of top-down budgeting is:

• A) that top management estimates of project costs are often quite accurate, at least in aggregate.
• B) an elimination of the friction between top and lower levels in the competition for budget money.
• C) that projects are no longer a zero-sum game among lower level managers.
• D) top management budgets, by definition, cannot experience overruns.