Which of the Following Statements Is True

question 81

Multiple Choice

Which of the following statements is true?

• A) Participative budgeting means that a company's budget should be prepared by lower-level employees.
• B) The attitudes and actions of upper-level management have little impact on the effectiveness of a company's budget.
• C) Employees often find that budgets are constraining and limiting.
• D) In preparing a budget, information flows occur only from the bottom up.

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Definitions:

AFL

The American Federation of Labor, a national federation of labor unions in the United States, focused on improved labor conditions and wages.

Management

The act of directing and controlling a group of people or an organization to achieve a goal through the use of resources efficiently and effectively.

Bargaining

The process of negotiating the terms of an agreement or transaction between parties with differing interests.

Americans

Residents or citizens of the United States of America.