The Budgeting Technique That Provides for Employee Input into the Planning

question 9

Multiple Choice

The budgeting technique that provides for employee input into the planning process is known as:

• A) continuous budgeting.
• B) perpetual budgeting.
• C) participative budgeting.
• D) zero-based budgeting.

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Definitions:

Sympathetic

Demonstrating understanding, compassion, or concern for others' feelings or situations.

Social Responsiveness

The ability of an organization to understand, engage with, and react to social issues, expectations, and the needs of its community or stakeholders.

Ethical Responsibilities

Obligations to act in a moral and ethical manner towards others, often going beyond legal requirements.

Stakeholders

Individuals or groups that have an interest or stake in the performance and activities of a business or organization, such as employees, customers, investors, and suppliers.