The Budgeting Approach Based on the Collective Judgments of Top

question 44

Multiple Choice

The budgeting approach based on the collective judgments of top and middle managers is called:

• A) top-down budgeting
• B) bottom-up budgeting
• C) activity budgeting
• D) program budgeting
• E) life cycle budgeting

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Definitions:

Memories

The mental faculty for recalling or recognizing previous experiences or information.

Behavior Patterns

Behavior patterns refer to recurrent ways of acting or responding that are characteristic of an individual or group.

Dominant Source

The primary or most influential source of information or authority in a given context.

Sensual Pleasure

Gratification obtained through engaging the senses, often emphasizing the importance of tactile, olfactory, gustatory, auditory, and visual experiences.