Which of the Following Statements About Budget Acceptance in an Organization

question 95

Multiple Choice

Which of the following statements about budget acceptance in an organization is true?

• A) The most widely accepted budget by the organization is the one prepared by top management.
• B) The most widely accepted budget by the organization is the one prepared by the department heads.
• C) Budgets are hardly ever accepted by anyone except top management.
• D) Budgets have a greater chance of acceptance if all levels of management have provided input into the budgeting process.

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