_____ Is the Budgetary Approach That Begins with an Estimate

question 34

Multiple Choice

_____ is the budgetary approach that begins with an estimate from the highest ranking executives of the pay increase budget for an entire organization.

• A)Bottom-up budgeting
• B)Top-down budgeting
• C)Managerial plan
• D)Executive estimate budgeting

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Definitions:

Delegated

The act of entrusting another person or entity with specific powers or authority to act on one's behalf.

Constitution

is the fundamental and supreme law of a nation, setting forth the framework for the government's powers and the rights of the citizens.

Checks And Balances

A system that ensures no single branch of government becomes too powerful, by granting each branch some form of authority over the others.

Branches of Government

The division of government into separate and independent units with distinct responsibilities, typically including the executive, legislative, and judicial branches.