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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Definitions:

Priming Effects

The influence that a prior stimulus exerts on subsequent cognitive processes, enhancing or inhibiting the response to a subsequent stimulus.

Knowledge-Driven

Pertains to processes or approaches informed or guided by accumulated knowledge or data.

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment, involves integrating sensory experiences with existing knowledge and expectations.

Conjunction of Features

The process in perception involving the integration of multiple stimuli attributes to recognize a pattern.