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:

Feelings

Emotional states or reactions that are subjective and experienced internally by individuals.

Personal Control

The power people perceive they have over their destinies.

Responsible

Having an obligation to do something, or having control over or care for someone, as part of one’s job or role.

Life Events

Significant occurrences in an individual's life, which can include milestones, transitions, or any event having a major impact on one's personal development.