Participative Budgeting Is an Approach to Budgeting That

question 96

Multiple Choice

Participative budgeting is an approach to budgeting that:

• A)is top-down in nature.
• B)allows top management to set the budget.
• C)discourages budget slack.
• D)is more likely to motivate people to work towards the organization's goals than a top-down approach.

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Definitions:

Legal Name

The name that identifies a person for legal, administrative, and other official purposes, often recorded on official documents.

Network Provider

A healthcare provider or facility that is part of a health plan's network and often provides services to plan members at negotiated rates.

Ambulatory Payment Classifications

A system used in the United States for billing Medicare for outpatient services that categorizes procedures and services into groups that are expected to consume similar resources.