The "Bottoms-Up" Approach to Budgeting Is Also Referred to as Which

question 76

Multiple Choice

The "bottoms-up" approach to budgeting is also referred to as which of the following?

• A)zero-based budgeting
• B)grassroots budgeting
• C)participative budgeting
• D)cooperative budgeting

---

Definitions:

Managerial Functions

Core responsibilities of managers within an organization, including planning, organizing, leading, and controlling.

Alternative Courses

involve different strategies or avenues a business or individual might consider when making decisions to achieve specific goals.

Good Judgment

The ability to make considered decisions or come to sensible conclusions.

Income Statements

A financial statement that shows a company's revenues and expenses over a specific period, leading to the net income or loss.