A Budgeting Process in Which Lower-Level Managers Budget Their Departments

question 120

Short Answer

A budgeting process in which lower-level managers budget their departments' resource needs and pass them up to top management for approval is called _____ budgeting.

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Definitions:

Mayer

Refers to John D. Mayer, a psychologist who co-developed the theory of emotional intelligence, which emphasizes the ability to recognize, understand, manage, and use emotions effectively.

Analytical Intelligence

A facet of general intelligence that involves the ability to analyze, evaluate, judge, compare, and contrast.

Practical Intelligence

The aspect of intelligence involving the ability to solve everyday problems through adaptive or creative thinking and learning from experience.

Componential Intelligence

An aspect of human intelligence involving analytic problem-solving skills, including the ability to evaluate, analyze, and solve problems.