For Better Management Acceptance the Flow of Input Data for Budgeting

question 205

Multiple Choice

For better management acceptance the flow of input data for budgeting should begin with the

• A) accounting department.
• B) top management.
• C) lower levels of management.
• D) budget committee.

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Definitions:

Implementing Agreement

The process of putting into action or executing terms, policies, or strategies that have been agreed upon.

Negotiating Agreement

The act of discussing and arriving at a mutually acceptable arrangement or deal.

Establishing Process

The act of setting up or starting a series of actions or operations to achieve a specific goal or outcome.

Substantive Agreement

A consensus or accord reached on the core issues and content of a discussion, negotiation, or debate.