An Imposed Budget

question 45

Multiple Choice

An imposed budget

• A)tends to elicit more commitment to the budget from employees since they have had some input into its creation.
• B)begins at the lowest levels of management and filters up through the organization.
• C)is the least efficient method of budget preparation.
• D)involves the fewest number of people in the budgeting process.

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Definitions:

Financial Services

Industries that manage money, including banks, investment companies, insurance, and real estate firms.

Social Network

An online platform or community where individuals can connect, share, and communicate with each other.

Deep Sea

parts of the ocean that are significantly deep, generally defined as waters beyond the continental shelf.

Online User

An individual who uses the internet or an online service, typically to access information, communicate, or conduct transactions.