Top-Down Budgeting Is

question 30

Multiple Choice

Top-down budgeting is:

• A)when the local managers impose a budget on the top management.
• B)when top management sets the budget and imposes it on lower levels of the organization.
• C)when customers impose a budget on top management of the company.
• D)when top management imposes a budget on the board of directors.

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Definitions:

Crowding

A situation characterized by a high density of people or objects in a particular area, often leading to discomfort or restricted movement.

Then

At that time or subsequently.

Buy

To acquire something by paying for it; the act of purchasing.

Assertive

Characterized by confident and forceful behavior, often in expressing one's opinions or defending one's rights without being aggressive.