Which of the Following Is Not a Characteristic of Bottom-Up

question 42

Short Answer

Which of the following is not a characteristic of bottom-up budgeting? a. Encourages organization-wide input into the process.
B) Takes advantage of employees' intimate knowledge of operations when formulating plans.
C) Is not as time consuming as top-down budgeting.
D) Increases employees' commitment to achieving budget goals.
E) All of the above are characteristics of bottom-up budgeting.

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Definitions:

Company Performance

An evaluation of a company's financial and operational effectiveness, typically measured by metrics such as revenue, profitability, and market share.

Nonfinancial Performance Output

Nonfinancial performance output assesses a company's operational efficiency, customer satisfaction, and employee engagement, which are not directly measured in monetary terms.

Input Measures

Quantitative indicators used to assess the amount of resources consumed during the production of goods or services.

Improvement

Enhancements made to an asset or property that increase its value or extend its useful life, rather than repairs which maintain its current condition.